The Breakdown

Fairshake Helps Hand Anti-Crypto Army a Loss

Jun 26, 2024
Discussion on political figures' participation at the Bitcoin 2024 conference including Trump, defeat of anti-crypto candidates like Rep. Jamal Bowman, analysis of crypto industry's political power, SEC Chairman Gensler's regulatory issues discussion
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ANECDOTE

Trump at Bitcoin 2024?

  • Former President Trump is reportedly in talks to speak at the Bitcoin 2024 conference.
  • This follows other political figures like Robert F. Kennedy Jr. and Vivek Ramaswamy.
ANECDOTE

Gaetz's Bitcoin Tax Bill

  • Following Trump's potential involvement with Bitcoin 2024, other Republicans are showing interest in crypto.
  • Florida Republican Matt Gaetz introduced a bill allowing federal income tax payments in Bitcoin.
ANECDOTE

Colorado's Crypto Tax Experiment

  • Colorado's policy allowing state tax payments in crypto saw minimal adoption.
  • Only 11 out of 3.1 million eligible taxpayers used this option in 2023.
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