We have begun to see nation-state adoption of Bitcoin. El Salvador may have been the first, but they will not be the last to move from a fiat standard to a sound-money Bitcoin standard. This week we will explore how countries might make that leap, when they might make it and even discuss a bit of everyone's (least) favorite subject -- how will taxes work on a Bitcoin standard!
Weekly Close BTC July the 23rd: $30,072.12
Block Height at time of recording: 799,981
News and Notes
RFK Jr (Presidential Candidate) Announces Plan to Back Dollar with Bitcoin and End Bitcoin Taxes
https://cointelegraph.com/news/rfk-jr-will-back-us-dollar-with-bitcoin-if-president
https://www.cnbc.com/2023/07/07/rfk-jr-bitcoin-investment-raises-ethics-concerns.html
https://finance.yahoo.com/news/robert-f-kennedy-jr-wants-165719448.html
Nigel Farage's Bank Account Closed
Articles about Argentina Presidential Candidate
https://bitcoinist.com/argentina-presidential-candidate-preaches-bitcoin/
https://cryptoslate.com/javier-milei-pro-bitcoin-argentine-presidential-candidate-rising-in-polls/
Information about the Income Tax in America and the Federal Reserve
https://www.newyorkfed.org/aboutthefed/history_article.html
https://constitutioncenter.org/blog/how-we-wound-up-with-a-national-income-tax
Podcasting 2.0 Apps Available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/
I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!
Website
Music Credits
Protofunk by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
The following music was used for this media project:
Music: Ethernight Club by Kevin MacLeod
Free download: https://filmmusic.io/song/7612-ethernight-club
License (CC BY 4.0): https://filmmusic.io/standard-license
Artist website: https://incompetech.com
