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matta / MattA
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2025-01-17 16:45:19

matta on Nostr: 🤔💡 Ok, consider this… What if America’s strategic Bitcoin reserve wasn’t ...

🤔💡
Ok, consider this…

What if America’s strategic Bitcoin reserve wasn’t a direct government stockpile but a policy allowing citizens & foreigners the ability to pay taxes, fees & fines in #Bitcoin without incurring capital gains taxes? This would encourage Bitcoin savings by eliminating penalties on its appreciation when used to meet government obligations. At the same time, it would allow the government to accumulate Bitcoin as a “strategic reserve.”

Currently, Bitcoin holders face capital gains taxes when spending appreciated Bitcoin, discouraging its use. Removing this penalty for tax payments would incentivize saving in Bitcoin while providing a practical way to use it. For the government, this creates a steady inflow of Bitcoin, gradually building a reserve that could hedge against inflation and economic uncertainty.

This approach benefits both parties: citizens retain the upside of #Bitcoin while gaining a tax-efficient payment option, and the government builds a strategic asset without direct purchases.
It would position the U.S. as a leader in Bitcoin policy, strengthens Bitcoin’s role in the financial system, and supports broader Bitcoin adoption.


Thoughts… 💭
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