stacksatsio on Nostr: People on Xitter losing their minds about this Eric Trump statement thinking it will ...

People on Xitter losing their minds about this Eric Trump statement thinking it will mean a 30% tax on Bitcoin.

No it won’t. Read Saylor’s framework in the quoted note.

Bitcoin will be classified as a Digital Commodity. This will apply to all the other Digital asset classes he is defining.

The reasoning from the Trump regime will be to reshore crypto projects who will want to avoid this 30% tax (see second image)

quoting note1tmm…ppds

Do you want to see the future?

Saylor just posted a condensed version of his “digital assets framework” which he recently presented at Cantor Fitzgerald: https://assets.contentstack.io/v3/assets/bltdef7a3f3c28ddd84/bltbd460db477d23baf/67659dbf8f5c6e6a7aaf224d/Digital_Assets_Framework.pdf

Expect this to be the crux of what the Trump admin with “Crypto & AI czar” and massive scammer David Sachs at the helm, implement as law.

The fiat system is going to mainline crypto.

They (Sachs in that video, Saylor in his framework doc) are talking about massively pumping stablecoins, from $25B to $10T per Saylor. Getting the banks to custody and lend against it. Tokenising everything. Basically blowing up a bubble beyond anyone’s wildest dreams.

The coming bull run is going to melt faces and the crash when it inevitably comes will make the Great Depression look like a picnic - you will actually get tired of winning.