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ilbtccouncil
Member since: 2025-08-23
ilbtccouncil
ilbtccouncil 20d

Global south I bet will be decentralized while the global north will not be.

ilbtccouncil
ilbtccouncil 20d

QUESTION: Are great ideas forced or voluntary? ANSWER: Great ideas do not require force. CONTEXT: #Bitcoin is voluntary.

#Bitcoin
ilbtccouncil
ilbtccouncil 6d

When priced in bitcoin, everything trends to zero…

ilbtccouncil
ilbtccouncil 7d

Help grow #Bitcoin adoption in #Illinois. Check out our membership tiers! https://illinoisbitcoincouncil.org/membership

#Bitcoin #Illinois
ilbtccouncil
ilbtccouncil 14d

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. https://www.btcpolicy.org/articles/open-letter-to-members-of-the-united-states-senate-on-the-proposed-defi-framework-and-the-need-to-preserve-developer-protections-from-clarity

ilbtccouncil
ilbtccouncil 16d

The US Dollar lost ~3% of its value so far in 2025. To put that in perspective… OVER A 10-YEAR SPAN, YOU’D HAVE LOST 25% OF YOUR VALUE #Bitcoin’s fixed 21M supply solves for the pernicious persistence of currency debasement.

#Bitcoin
ilbtccouncil
ilbtccouncil 18d

New research says 75% chance Bitcoin goes over $1.15 million by 2028 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5386623

ilbtccouncil
ilbtccouncil 19d

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.

#Bitcoin
ilbtccouncil
ilbtccouncil 23d

What’s your unit of account? #Bitcoin

#Bitcoin
ilbtccouncil
ilbtccouncil 29d

Painting the state orange, one brush stroke at a time... Do you live in #Illinois and are into #Bitcoin? Consider joining us! https://illinoisbitcoincouncil.org/membership

#Illinois #Bitcoin

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A 501(c)(6) nonprofit dedicated to fostering the responsible growth & adoption of Bitcoin in Illinois through education, advocacy, & collaboration.

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