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Senator Cynthia Lummis Says Bitcoin Could Save Us If Traditional System Collapses

Senator-elect Cynthia Lummis believes that the events of 2020 has sent the overall economy into a downward spiral due to relief efforts for the pandemic and other underlying factors. Lummis further postulates that if the debt-driven traditional system collapses, Bitcoin will become needed and could save us. “If we reach the point where we have… Read More

Legendary Investor Says Banks About To Get Involved In BTC And Cryptocurrency

Mutual fund legendary investor Bill Miller recently told CNBC that the risks of Bitcoin going to zero are “lower than they’ve ever been before” and predicted that banks will get involved in cryptocurrency. “The Bitcoin story is very easy, it’s supply and demand,” Miller said. “Bitcoin’s supply is growing around 2.5% a year and the… Read More

Mark Zuckerberg’s Washington DC Tour Includes Congress and the White House

Facebook CEO’s Mark Zuckerberg met with US lawmakers to address concerns about the future of internet regulations. This week, Mark Zuckerberg conducted his first scheduled visit to Washington DC since 2018. This visit did not included any public events. Zuckerberg’s goal this week: meet with Senators to address internet regulations for the future. He also… Read More

Facebook Libra Project Adds Two Lobbyists

Facebook hired two lobbyists to promote the Facebook cryptocurrency, Libra. Despite the wrath of Congress during the Facebook hearings in July 2019, Facebook is doing everything it can to change the minds of lawmakers. The social media giant has hired two more lobbyists to advocate for the Facebook cryptocurrency. Bloomberg reported that in mid-July, Michael… Read More

Crypto Tax Bill Gets Reintroduced Amid Legislative Crypto Hype

North Carolina Congressman Pushing Crypto Tax Relief Taxes on digital assets need a revamping & one North Carolina Congressman is leading the charge. Representative Ted Budd (R) has reintroduced a bill that would help simplify the tax code on digital assets that the IRS established in 1986. The bill is called “The Virtual Value Tax… Read More

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