Two days ago the Senate voted 89 to 10 to ban a government digital dollar. Today the Treasury proposed forcing every stablecoin company to file your ID with the federal government This is the first GENIUS Act rule out of FinCEN, and it does the exact job the CBDC was supposed to do. A "Permitted Payment Stablecoin Issuer Customer Identification Program" drops Circle and Tether under the Bank Secrecy Act and orders them to verify, log, and report who holds the digital dollar. No central bank coin required. The surveillance just arrives wearing a private logo. The dollar going digital was never the threat (its already mostly digital). The dollar becoming a permission slip was. Whether the form says Federal Reserve or USDC at the top changes nothing about who can freeze your balance or watch where it moves. There is one digital money that cannot run a customer identification program, because no company stands between you and it. You hold the keys. There is no issuer to subpoena, no account to flag, no balance anyone can switch off. Not your keys, not your coins was never a slogan. It is the only opt-out the rulebook forgot to close.

Communist Attack on Bitcoin in Illinois!🚨Emergency Space https://t.co/cPAS8YDE1p

Link to the tool: https://infinite.bitcoinwell.com/resources/bitcoin-tax-loss-harvesting

At 2:30 this afternoon Kevin Warsh runs his first Fed meeting. Trump picked him to cut rates. His own committee is now arguing about hiking them instead. Retail sales just came in hot, up 0.9% in May, so the inflation he was supposed to tame is not finished. One man, one room, one dot plot. It decides whether the dollar in your account buys more next year or less. Here is the part nobody at that podium will say out loud. The price of money is not discovered. It is decided. By people you did not elect. Your rent, your mortgage, your grocery bill all move on what Warsh hints at 2:30. Bitcoin has no chair. No first meeting. No man picked to deliver a number. Twenty-one million, whether he cuts, holds, or hikes. You cannot vote the Fed out, but you can stop keeping score in its money.

Most people think tax loss harvesting is a December chore. But its not. The dip is the opportunity, and the dip is right now. Here is the whole strategy in four steps. Find the bitcoin lots you bought above today's price. Sell them to realize the loss. That loss offsets your capital gains, plus up to $3,000 of ordinary income a year, with anything left over carried forward to future years. Then repurchase the bitcoin immediately, because no wash-sale rule applies in the US. You end up with the same stack, the same exposure, and a loss working for you on next April's return instead of a paper number you just stare at. Keep clean records of every date and cost basis. Then, if your position is large enough to matter, talk to someone who does this for a living. The calculator does the math. Our Executive Bitcoin Advisors do the rest. Not tax advice. Confirm with a professional before you act.

You can buy bitcoin from us online in two minutes. That has never been the hard part. The hard part is the day you spend it. The day bitcoin stops being a balance you check and becomes money you hand to someone for something real. Most people never get there. They buy, they hold, they watch the chart, and the coins never once leave to do what money is for. So on Friday, June 26, we are setting up a Bitcoin Well table at the Sat Market in Calgary, 4 to 9pm at the Platform Innovation Centre. Not to sell anyone a chart. To stand in a room where ranchers and homesteaders take sats straight across the table, no bank in the middle, and show people how easy that handoff actually is. A bitcoin company that only lives on a screen is missing the whole point. Money is a thing people use, in person, with each other. Come find us on the 26th. Bring an appetite.

Last night Bitcoin made itself 10% easier to mine, and not one person decided that. At block 953,568 the network ran its difficulty adjustment, the eleventh-largest downward move in its history. Hashrate has fallen 23% from its October peak as the price slump squeezed miner margins and the weakest rigs switched off. So the protocol did what it always does. It loosened the difficulty so the remaining miners could keep finding blocks on schedule, roughly one every ten minutes, exactly as written. Notice what did not happen. No emergency meeting. No bailout for the miners going under. No committee voting to ease conditions. No press release promising to support the sector. The adjustment is baked into the code, it has run every two weeks for over seventeen years, and it has never once asked permission. Compare that to every other market. When producers hurt, they lobby. When a bank wobbles, a government rescue appears by Monday. Someone always steps in, and someone always pays for it later. Bitcoin just rebalanced and moved on. A system with nobody in charge absorbed a 23% shock without a single human decision. That is not a flaw in the design or a reason to panic. That is the design work exactly as it should.

The U.S. Wants a Million-Bitcoin Reserve. The Fine Print Says It Can't Buy a Single Coin.

Your seed phrase isn't at risk from a quantum computer today. The harder question is the one nobody is answering cleanly. Ten years from now? Twenty? When does the math actually tip, and what should you be doing in the meantime? Tuesday at 7 PM ET we sit down with @reardencode for The Deep Dive on quantum computing and Bitcoin. The threat model people aren't using because the cable-news version is louder. The timeline that actually matters. BIP-360 and the path toward post-quantum cryptography via soft fork. What you can do to harden your stack now, not later. Brandon Black is one of the most knowledgeable people on the topic and we've got him for an hour. Bring the question you've been afraid to ask. May 26th. 7 PM ET.

The Bank of Japan raises rates tomorrow and Bitcoin won't notice, but your dollars will. For two decades Japan ran the cheapest money on earth. Near-zero rates turned the yen into the world's funding currency. Traders borrowed yen for almost nothing, bought everything else with it, and called it a strategy. Now Tokyo is set to hike from 0.75% to 1%, the move 49 of 51 economists expect, and that quiet machine starts running in reverse. This is the carry trade, and it has already triggered four market selloffs since 2024. When borrowed yen gets more expensive, the borrowed money comes home, and assets bought on cheap leverage get sold to pay it back. August 2024 was the preview. Tomorrow could be the main event. Every one of those markets runs on someone else's interest-rate decision, made in a room you will never enter, by people you will never know. Bitcoin has no rate to set. No central bank meets to decide what it is worth. It answers to math, not to a governor's microphone. When the cheap-money story ends, you want to own the one asset that was never part of it.

The CLARITY Act passed Senate Banking 15 to 9 last Thursday. Twelve Democrats voted yes. The first time broad crypto regulation has ever cleared a congressional panel. Congress is on Memorial Day recess starting today. Senate floor vote pushed to June 2. White House target for the President's signature: July 4. Three months from committee to signing. That is fast by Washington's standards. It is also exactly the speed bills move when the establishment has already decided to absorb the asset class instead of resist it. Read what CLARITY actually does. It defines which assets are commodities versus securities. It hands the spot market to the CFTC. It writes the rails for compliant exchanges, registered intermediaries, and audited stablecoin issuers. It does not change what your wallet does. It does not change what your node does. It does not change what 21 million means. Because it can't. Regulatory clarity is not regulatory sovereignty. The state is writing the manual for the wrappers. The protocol does not need a manual. Two roads continue to be open. One goes through Coinbase, Kraken, and the registered intermediaries CLARITY is built to certify. The other goes through your wallet. Pick the one that does not require Patrick Witt to keep his job.

Self-custody is not about distrust. Its about not needing trust at all. Every other form of money rests on someone keeping their word. A banker's prudence. A government's restraint. A custodian staying solvent. You hand over your savings and hope the people on the other side stay honest and stay liquid. Bitcoin held by you removes the hoping. The rules are fixed, the supply is known, the keys are yours. You don't have to trust a promise. You verify a fact. Most of what you own today depends on a stranger keeping a promise. That dependence is a choice, and it is one you can unmake. Verification beats faith. Always has.

The U.S. Wants a Million-Bitcoin Reserve. The Fine Print Says It Can't Buy a Single Coin.

The U.S. Wants a Million-Bitcoin Reserve. The Fine Print Says It Can't Buy a Single Coin.