2min chapter

Coin Stories with Natalie Brunell cover image

EXCLUSIVE: U.S. Senator Cynthia Lummis on Defending Bitcoin in Congress

Coin Stories with Natalie Brunell

CHAPTER

Is That Deminimous in the Bill?

We want to have an amount that is just not subject to taxation and reporting a disclosure. I think we started the bill at either 600 or a thousand, tried to take it up from there,. treasuries pushed it down to 50 a and to me, that's too deminimous. So i encourage people who are listening to you and your many, many listeners to weigh in help us. For example, here at bit block boom, there was a gentleman from australia who said, in australia, there's a ten thousand dollar diminish this amount a that gives them the freedom to be innovative within this space. That's already a real world example used in another country

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