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Bitcoin does not care.
The proposed Tax Code in the US infra bill means miners & validators need to KYC all “customers,” i.e., transactions. It’s equivalent to saying you need to KYC users if you touch internet packets. It’s a kill switch for crypto in the US, and policymakers don’t understand this.
Imagine holding Bitcoin for 100 years or longer. Microstrategy has racked up $1.4B in Bitcoin profits on paper, but don't expect them to sell anytime soon. CEO Michael Saylor tells the company hopes to own it "forever" trib.al/MklAGLF
. CEO on why his firm is buying so much bitcoin: “I mean, if I could borrow $1 billion and buy Facebook a decade ago for 1% interest, I think I would’ve done quite well.” By
Our strategy is long , long term, leveraged intelligently. It is only a matter of time before billions of people plug their mobile phones into bitcoin and we want to be there first. The future of big tech is digital property. $MSTR
Trading Tip. Cannot remember a time of so many attacks against and . From every angle...tax, regulatory, political etc. Insanely good price action in the face of a lot of bad news is very bullish. #Bitcoin does not care. , be long or get out of the way.