Bern
Member

BTW: https://casten.house.gov/media/press-releases/casten-introduces-legislation-increase-size-house-and-senate-change-scotus Pending: https://www.congress.gov/bill/118th-congress/house-bill/643

https://thirty-thousand.org/

https://www.eff.org/deeplinks/2023/05/eff-letter-congress-oppose-earn-it-act-and-stop-csam-act

traded, spent, sold - call it what you will, the IRS treats crypto like an asset and wants it's cut of any capital gains.

I hope SCOTUS takes up this case. I wonder if the case might shed light on the proper tax treatment for crypto staking rewards. Crypto staking rewards are earned as the underlying crypto and aren't realized as profit/income unless the crypto is sold. At least, that's how I see it.

This .PDF is pretty accessible and explains the different models: https://resources.stellar.org/hubfs/Proof%20of%20Agreement%20explainer.pdf

Not just that. The BIS, SWIFT, et al are already working on systems to facilitate cross-CBDC transactions.

This bill in El Salvador is an end result of a seed that was planted in 2019 by Mike Peterson: https://www.coindesk.com/consensus-magazine/2023/04/17/bitcoin-beach-circular-economy/

This is part of El Salvador's (Bukele's) plans for attracting Bitcoin/crypto companies to set up shop in the country.

Auditing. It's fantastic.

Whole lot of this on the table as big banks swallow the regionals:

I appreciate everyone's comments/responses to my plea for help. Ultimately, I tried many times to contact folks via phone and email - even going so far as to create a clean, virgin gmail account to send from - without any response. So, I updated my original composition and published it on my own site. It's here if you are curious: https://www.pmbug.com/threads/gold-as-unpegged-legal-tender.5705/

PacWest and Western Alliance are racing to be bank #4. https://www.wsj.com/livecoverage/stock-market-today-dow-jones-05-02-2023/card/pacwest-western-alliance-stocks-plunge-more-than-25--hFZILGIGBBvwOpBUY9Zg

BRICS efforts are likely to play out over the next decade or so before it seriously dents dollar hegemony. I don't know if that is what you consider a "short run" or not. But make no mistake, when the dollar is dethroned, it will be an existential threat to America's standard of living. It's not just going to curtail the US ability to project military capabilities around the world. America is going to get a very serious wake up call.

The pro-Putin and pro-CCP China sentiment that was talking about goes far beyond just "I don't support the US/NATO involvement in Ukraine" - especially with regards to Putin. A lot of the China sentiment has been related to the BRICS and their plans for challenging dollar hegemony (even as they attempt to roll out the most draconian CBDC/Social credit yoke on the necks of their population). I see a great irony in a group of people that almost singularly derides the CIA for supporting dissident elements in foreign countries to oppose the ruling regime carrying water for foreign power propaganda that serves the same purpose domestically. We can and should take care of our own shit. I don't need to ride on the shoulders of foreign tyrants to fight for my beliefs.

I watched about 10 minutes. I don't use Twitter and other than what I see re-posted in forums and news aggregators, I don't follow what people and organizations post there, so I was seeing the Tweets mentioned for the first time. I was mildly surprised that stuff would be published on official channels. There is a lot wrong with globalist groups like the WEF, Bilderbergers, CFR, etc. There is a lot wrong with the American political class and the current political structure that ensures sufficient barriers to entry to consolidate and protect power. There seems to be a lot of anti-government folks in the liberty crowd who are pro-Putin and pro-CCP China simply because they are in opposition to the globalists (WEF, Bilderbergers, CFR, etc.) and American political class. From my engagement with folks on the meta subject, there really isn't a lot of critical thought about the support for the enemy of my enemy. Just a lot of water carrying and propaganda cheering where it brings the hate for their primary targets. It seems to me that these folks have lost perspective.

https://reason.com/2023/04/28/the-very-strange-new-respect-for-authoritarian-democrat-robert-f-kennedy-jr/

https://reason.com/2023/04/28/the-very-strange-new-respect-for-authoritarian-democrat-robert-f-kennedy-jr/