Click to download audio version Many Bitcoin enthusiasts tend to lean
from a significantly libertarian perspective. Many take pride in routing around
the government and relish in Bitcoin’s ability to just opt out completely.
Unfortunately for the Bitcoiners not interested in participating in politics,
last week in the United States Infrastructure Bill emerged an existential crisis
for Bitcoin and the more general crypto ecosystem. The bipartisan
Infrastructure Bill, that is a hallmark part of the Biden Administration’s first
year in office, has a couple last minute pages added to it looking for 38
billion in tax revenue from redefining a broker in the crypto ecosystem. The
wording was very wide ranging and unclear, many legal experts interpreted that
the language could have put on onerous reporting requirements on any and all
participants of the digital value ecosystem. Amanda Cavaleri, a Bitcoiner
and COO of Pearl Snap Capital in Wyoming sits down with Christian to discuss how
Bitcoiners can work together to make sure that Washington respects
Bitcoin and the financial innovation it brings to the United States.
According to Cavaleri, the Bitcoin cohort is larger than AARP and could
soon command more wealth than AARP. The Bitcoin Voting Block has the potential
to become the most powerful and influential single issue voting block in the
country and all we need to do is organize. Cavaleri believes that Bitcoin is the
foundation of privacy and property in the digital future and that we must stand
up today to defend it. Amanda recently coauthored an excellent article in
Bitcoin Magazine urging and educating Bitcoiner’s on how to effectively
communicate and advocate with lawmakers the benefits of Bitcoin. Follow Amanda
on Twitter @Amanda_Cavaleri
from a significantly libertarian perspective. Many take pride in routing around
the government and relish in Bitcoin’s ability to just opt out completely.
Unfortunately for the Bitcoiners not interested in participating in politics,
last week in the United States Infrastructure Bill emerged an existential crisis
for Bitcoin and the more general crypto ecosystem. The bipartisan
Infrastructure Bill, that is a hallmark part of the Biden Administration’s first
year in office, has a couple last minute pages added to it looking for 38
billion in tax revenue from redefining a broker in the crypto ecosystem. The
wording was very wide ranging and unclear, many legal experts interpreted that
the language could have put on onerous reporting requirements on any and all
participants of the digital value ecosystem. Amanda Cavaleri, a Bitcoiner
and COO of Pearl Snap Capital in Wyoming sits down with Christian to discuss how
Bitcoiners can work together to make sure that Washington respects
Bitcoin and the financial innovation it brings to the United States.
According to Cavaleri, the Bitcoin cohort is larger than AARP and could
soon command more wealth than AARP. The Bitcoin Voting Block has the potential
to become the most powerful and influential single issue voting block in the
country and all we need to do is organize. Cavaleri believes that Bitcoin is the
foundation of privacy and property in the digital future and that we must stand
up today to defend it. Amanda recently coauthored an excellent article in
Bitcoin Magazine urging and educating Bitcoiner’s on how to effectively
communicate and advocate with lawmakers the benefits of Bitcoin. Follow Amanda
on Twitter @Amanda_Cavaleri
