
The possible implications?
- No capital gains tax on Bitcoin
- Crypto friendly regulations for cryptopruners
- Businesses must all accept Bitcoin (Can’t wait for Tesla to start selling cars there…)
- Employees possibly opt to get paid in bitcoin
- Savers can choose to save in bitcoin
- Only Bitcoin is legal tender (Not LTC, not BCH, not BCHSV. You buy your coffee over lightning network with BITCOIN) That puts some arguments to rest.
- I am more fond of the idea of bitcoin mining via Geothermal energy. Clean energy to be used for bitcoin farming. I hope the mining council will channel some resources there to pave way. Would certain put down some fud over bitcoin energy uses.
- Gradually, then suddenly.
All in all, the bill is what every bitcoiner would have dreamt of. 13 years is all it took from Whitepapers to Pizzas to legal tender. Certainly a day to remember.
Which country would be next?
