🟧🟧🟧 RFK JR. USA #Bitcoin policy
"I think of myself as Orange... that is the color of freedom. I have an orange heart."
- Executive order to transfer current ~200,000 ₿ held by USA to the Treasury to be held as a strategic asset
- Executive order directing the Treasury to purchase 550 ₿ daily until USA has built a reserve of at least 4 million ₿ and a position of dominance that no other nation can usurp
- Seeks to obtain 19% of the supply, matching the 19% supply of gold the USA holds
- Projects ₿ to reach market cap of 100's of trillions
- Executive order directing IRS to issue public guidelines that all transactions between ₿ and the US dollar are non reportable and not taxable
- Executive order directing IRS to treat ₿ as an elegible asset for 1031 exchange into real property
- Transactional freedom is as important as 1st Amendment freedom of expression
- The right to self custody, to run nodes in your home, stop feds from usurping 1st amendment right to open source privacy enhancing technologies, to stop CBDC, and make USA center for innovation
- Convinced USA must act to use ₿
- Back USA debt obligations with a basket of hard assets
- Secure USA dominance in cyberspace via Softwar and hire Jason P Lowery as top advisor on the national security team
- Use mining for energy development
- End forever war by limiting fiat money printing
- Direct ownership of ₿ tax free
- Conversion of ₿ back into dollars will be non reportable and not subject to capital gains
- Direct ownership maintains decentralization protecting the network from Blackrock etc.
- Capital Gains tax status made by IRS is not law but rather administrative state overreach
- Never will sign a law that taxes direct ownership of ₿
- End political war on ₿, protect private property
- Pardon Ross, Edward & Julian
- ₿ is the currency of freedom, of liberty, of hope, it restores self sovereignty back into the individual, gives us digital property rights, and provides a store of value
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Replies (10)
Lot of executive orders in there
Yes. Leverage that abstract power of the presidency to enact real power.
This is clearly the most ambitious and developed national ₿ policy ever presented.
I mean it's certainly interesting. He ain't gonna win so not much to get invested in there.
Curious to see what how Trump compares
No false hopes. It is the new high benchmark of ₿ policy and absolutely front ran anything Trump could ever say. RFK is clearly a bitcoiner.
Probably right
This policy would give us every change in law that we would want. It is a national ₿ standard. That is more realistic than the end of the USA government.
🟧🟧🟧 RFK JR. USA #Bitcoin policy
"I think of myself as Orange... that is the color of freedom. I have an orange heart."
- Executive order to transfer current ~200,000 ₿ held by USA to the Treasury to be held as a strategic asset
- Executive order directing the Treasury to purchase 550 ₿ daily until USA has built a reserve of at least 4 million ₿ and a position of dominance that no other nation can usurp
- Seeks to obtain 19% of the supply, matching the 19% supply of gold the USA holds
- Projects ₿ to reach market cap of 100's of trillions
- Executive order directing IRS to issue public guidelines that all transactions between ₿ and the US dollar are non reportable and not taxable
- Executive order directing IRS to treat ₿ as an elegible asset for 1031 exchange into real property
- Transactional freedom is as important as 1st Amendment freedom of expression
- The right to self custody, to run nodes in your home, stop feds from usurping 1st amendment right to open source privacy enhancing technologies, to stop CBDC, and make USA center for innovation
- Convinced USA must act to use ₿
- Back USA debt obligations with a basket of hard assets
- Secure USA dominance in cyberspace via Softwar and hire Jason P Lowery as top advisor on the national security team
- Use mining for energy development
- End forever war by limiting fiat money printing
- Direct ownership of ₿ tax free
- Conversion of ₿ back into dollars will be non reportable and not subject to capital gains
- Direct ownership maintains decentralization protecting the network from Blackrock etc.
- Capital Gains tax status made by IRS is not law but rather administrative state overreach
- Never will sign a law that taxes direct ownership of ₿
- End political war on ₿, protect private property
- Pardon Ross, Edward & Julian
- ₿ is the currency of freedom, of liberty, of hope, it restores self sovereignty back into the individual, gives us digital property rights, and provides a store of value
View quoted note →
hang on
he said he'd pardon Snowden and Ross?
Yes