How Can Nation-States Adopt Bitcoin

Episode 118

We have begun to see nation-state adoption of Bitcoin. El Salvador may have been the first, but they will not be the last to move from a fiat standard to a sound-money Bitcoin standard. This week we will explore how countries might make that leap, when they might make it and even discuss a bit of everyone’s favorite subject — how will taxes work on a Bitcoin standard!

News and Links

https://www.thestreet.com/cryptocurrency/rfk-jr-announces-plan-to-back-dollar-with-bitcoin-end-bitcoin-taxes
https://cointelegraph.com/news/rfk-jr-will-back-us-dollar-with-bitcoin-if-president
https://www.cnbc.com/2023/07/07/rfk-jr-bitcoin-investment-raises-ethics-concerns.html
https://finance.yahoo.com/news/robert-f-kennedy-jr-wants-165719448.html
Nigel Farage’s Bank Account Closed
https://bitcoinist.com/argentina-presidential-candidate-preaches-bitcoin/
https://cryptoslate.com/javier-milei-pro-bitcoin-argentine-presidential-candidate-rising-in-polls/
https://news.bitcoin.com/presidential-candidate-javier-milei-claims-he-has-the-funds-to-dollarize-argentina/
https://www.newyorkfed.org/aboutthefed/history_article.html
https://constitutioncenter.org/blog/how-we-wound-up-with-a-national-income-tax

Weekly Close (USD)

BTC – 30,072.12

Bitcoin Block at time of recording

799,981

Podcasting 2.0 Apps available at http://podcastapps.com/ and the Value4Value information page available here: https://value4value.info/

I can be reached by email at mcintosh@gen-btc.com and on Twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!