Damus

Recent Notes

DELETED ACCOUNT · 78w
Guessing you already have the protection of the right to self custody in mind. Protections for bitcoin miners and mining companies. Waiving state level cap gains on btc would also be great.
Name profile picture
This is federal.

Self-custody is being discussed.

We did discuss protections from the EPA. Feel free to ennumerate any specifics that might be needed.

We discussed the cap gains. We'd love to eliminate cap gains but it might not be feasible.


Currently, Senator Loomis' bill caps it at transactions of $200 or less, per transaction.

We discussed maybe doing an annual cap, the greater of say $10,000 or one crypto monetary unit.

By using a crypto monetary unit, the fiat amount grows with inflation. Thoughts on that?

🤝1
DELETED ACCOUNT · 78w
Ah, okay, great 👍 $200 is already such a marginal amount, it will purchase even less by the time this bill would hit the desk of the president. I agree, basing a cap on the native unit rather than the fiat valuation is more logical.
Name profile picture
This is what I look like when I'm talking to a congressional office about drafting a bill to protect Bitcoin.

What items would you include?

(Seriously, send ideas if you have them. Not regulate, protect).

#asknostr

6
Ofaku2 · 78w
I would most certainly draft a clause to prevent the use of civil asset forfeiture to obtain Bitcoin and as a fallback to that, the inability to collect without first going through due process, trial and all.
DELETED ACCOUNT · 78w
Guessing you already have the protection of the right to self custody in mind. Protections for bitcoin miners and mining companies. Waiving state level cap gains on btc would also be great.
AU9913 · 81w
Do y'all switch back and forth between Como and Jeff city every month
FL Justin · 81w
Sent to my brother in COMO. Hope he shows up
vinney...axkl · 92w
THE WINNER!
SoapMiner · 94w
We came out of the womb anarchist. It was only thru the teachings of what you considered authorities that made you believe otherwise.
beejay · 94w
Be a lot cooler if you were https://media.tenor.com/o2cQor_hdcMAAAAC/dazed-and-confused.gif
no₿ody™ 🧱 · 112w
That’s a fap
jimbocoin 🃏 · 115w
Depends on what we mean by “America”. Patriotism and fear are definitely what keep “The United States” together. If we mean the American ideal, then yes, freedom is crucial. Without it, the best and brightest will find somewhere else to dwell.
James A Lewis · 115w
Desire for the Good, fidelity to the Truth, and love of Beauty holds society and civility in general together. Patriotism and freedom serve Truth, Goodness, and Beauty, and hatred of one's heritage and spinelessness work against it.
Tristan Brice Velloza Kildaire · 115w
TRUE!
armstrys · 116w
I was about to my own comment to say that in this instance the correlation probably does mean something, but what we interpret from the chart can be ambiguous based on the assumed “causation”. I...
Name profile picture
I think there can be other variables that impact it and other forms of wealth.

But even money is store energy. You applied energy (labor), you traded it for money, and that money represents a proof of work that you can then exchange for someone else's energy (labor).

Through our work and innovation, we then created new methods of labor, where we can create more energy than just from the human body alone. But that's still wealth in the same sense.
1
calle · 116w
> But even money is store energy. ok I'm out
Elephant in the root · 116w
If you've found a diamond on a hike there's not really much energy.
calle · 116w
I don't know what my point is supposed to be. This is very basic statistical knowledge and it's true like any other mathematical statement.
armstrys · 116w
I was about to my own comment to say that in this instance the correlation probably does mean something, but what we interpret from the chart can be ambiguous based on the assumed “causation”. I think I agree with your above comment. Ability to harness (and consume) energy is a form of wealth....
calle · 116w
no