What is money??
We use money every day. We trade our time, our trust, and our freedom for it. But how often do we stop to askโฆ what is money?
h/t - Bitcoin Cousin
We break down Bitcoin Policy's recent open letter to US senators regarding recent proposed DeFi framework...
-Reject the Proposed DeFi Framework: Urge rejection of Senate Democrats' draft DeFi oversight proposal, as it grants Treasury excessive discretion, effectively banning open peer-to-peer financial tech in the US.
-Preserve Developer Protections from the CLARITY Act: Retain CLARITY Act's standards distinguishing regulated intermediaries from unregulated software based on control over assets or transactions.
-Avoid Arbitrary Enforcement Risks: Oppose treating software developers, governance participants, and others as financial intermediaries, risking criminal penalties for code publication.
-Protect Core Values and Innovation: Safeguard free expression, permissionless innovation, and blockchain's peer-to-peer architecture to maintain US leadership in finance and tech.
-Adopt the CLARITY Act as Alternative: Use CLARITY Act's bright-line test for regulation to support innovation without undermining non-custodial systems.
-Engage in Discussion: Offer discussions on alternatives to address illicit finance and regulatory coherence without threatening developers.
The US Dollar lost ~3% of its value so far in 2025. To put that in perspectiveโฆ
OVER A 10-YEAR SPAN, YOUโD HAVE LOST 25% OF YOUR VALUE
#Bitcoinโs fixed 21M supply solves for the pernicious persistence of currency debasement.
The hurdle rate is the minimum rate of return an investment or project must achieve to be considered acceptable, often adjusted for risk.
#Bitcoin is the hurdle rate.
