BPI backs the Bitcoin for America Act, which would let US citizens pay taxes in Bitcoin for a national reserve. Their new model projects trillions in potential fiscal benefits through 2050. The post Bitcoin Policy Institute Launches Interactive US Tax Payment Model in Support of Bitcoin For America Act appeared first on Coinspeaker.BPI backs the Bitcoin for America Act, which would let US citizens pay taxes in Bitcoin for a national reserve. Their new model projects trillions in potential fiscal benefits through 2050. The post Bitcoin Policy Institute Launches Interactive US Tax Payment Model in Support of Bitcoin For America Act appeared first on Coinspeaker.

Bitcoin Policy Institute Launches Interactive US Tax Payment Model in Support of Bitcoin For America Act

2025/11/21 02:02

Nonpartisan crypto policy think tank The Bitcoin Policy Institute has offered its official endorsement for the Bitcoin for America Act of 2025, which would allow citizens to pay taxes with Bitcoin BTC $86 617 24h volatility: 2.6% Market cap: $1.73 T Vol. 24h: $98.85 B and direct those funds to the national Bitcoin reserve.

BPI also launched a new financial Bitcoin Tax Payment Model tool in support of the act that calculates the financial impact Bitcoin tax remittances would have on the federal Bitcoin reserve. According to a Nov. 20 press release, the model offers policymakers and the public “a data-driven illustration of the potential fiscal benefits of long-term Bitcoin accumulation.”

Bitcoin for America Act Potential Savings

The Bitcoin for America Act was introduced to the US House of Representatives on Nov. 20 by Ohio congressman Warren Davidson. The bill lays out the case for codifying the Bitcoin reserve and allowing Americans to pay taxes via Bitcoin by pointing out that cryptocurrency has proven inflation-proof. It also frames the reserve as a matter of state security.

According to the bill, the US risks falling behind nations such as China and Russia in the strategic race to accumulate a cryptocurrency reserve. Passage of the bill, meanwhile, would “safeguard national security by securing a stake in a decentralized, geopolitically neutral asset immune to sanctions or external interference.”

BPI’s Bitcoin Tax Payment Model displays the hypothetical earnings that would result from a specific percentage of US federal taxes being paid in Bitcoin. The tool allows users to tweak several parameters including the approximate percentage of taxes to be paid in Bitcoin (from 0 to 10%), the time period ranging retroactively from 2020 to predictions as far as 2050, expected Bitcoin and tax revenue yearly growth rates, and the types of tax revenue considered.

With the options maxed out and imagining a hypothetical scenario where 10% of citizens began paying all eligible federal taxes in Bitcoin from the year 2020 all the way through 2050, for example, the tool predicts a net advantage (Bitcoin reserve with growth versus a cash reserve) of $1.11 quadrillion.

A more potentially viable configuration with just 1% of taxpayers remitting in Bitcoin shows that, according to the model, the net advantage would yield $34.6 trillion from 2025 through 2050, enough to wipe out the current US deficit and public debt.

next

The post Bitcoin Policy Institute Launches Interactive US Tax Payment Model in Support of Bitcoin For America Act appeared first on Coinspeaker.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k

What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k

The crypto landscape today is a bit of a mess. Established coins like Bitcoin (BTC) and Ethereum (ETH) are down and don’t seem to be able to stem the losses. In the last 24 hours, Bitcoin BTC $86,096.86 0.01% Bitcoin BTC Price $86,096.86 0.01% /24h Volume in 24h $35.96B Price 7d dropped to $83,540 before changing course and breaching the $84,000 level, and then finally retesting the $85,000 level, where it is trading at the moment. It is, however, still down by 11% on the weekly charts. Market Cap 24h 7d 30d 1y All Time For the most part, it seems like a weak job market, coupled with the dovish comments by New York Fed President John Williams, has encouraged buying at lower levels. $BTC break those two notable near term resistance marks, and we can see up to $93k… Mush bulls. pic.twitter.com/FmgW2ddn3i — Heisenberg (@Mr_Derivatives) November 23, 2025 Meanwhile, the Fed rate cut probability has jumped to more than 70% as opposed to nearly 40% just a few days ago, prompting traders to rotate into riskier assets such as crypto. (Source: FedWatch) However, a look at US BTC spot ETFs puts data into perspective. Per SoSoValue’s data, US BTC spot ETFs have lost more than $3 billion during the past month, with weekly outflows amounting to around $1.5 billion. The only bright side is that the daily inflow is still positive at $238 million, a drop in a bucket. (Source: SoSoValue) At the moment, BTC is trading below its 20-day and 50-day EMAs. For BTC to reverse its price action, it needs to recapture both these EMAs at $86,281 and $90,322 before it can retest its 100-day EMA at $95,075, which incidentally also forms the upper resistance level. (Source: TradingView) EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year ETH Crypto Consolidates Above $2.7k, Retests $2.8k Level Today Ethereum ETH $2,823.21 0.39% Ethereum ETH Price $2,823.21 0.39% /24h Volume in 24h $13.56B Price 7d has been experiencing difficulties over the past few days. For the longest time, it had managed to hold its own above the $3,100 level. Alas, it was not to be. Although ETH followed BTC during the broader market pullback, its decline was subdued and not as dramatic. Its price action took a decisive plunge and broke through the $3,000 support level before subsequently breaching more support zones, dropping to $2,680 before finally stabilizing above $2,700 level, where it had been consolidating since the last couple of days. Market Cap 24h 7d 30d 1y All Time For ETH to start ascending again, it must hold above $2,800. It is currently on its way to retest its 20-day EMA at $2,823. However, the critical level to capture is the 50-day EMA near $3,000, which is also the resistance level to beat. (Source: TradingView) Analysing on-chain data reveals heavy liquidation clusters surrounding its price action between $3,100 and $3,600, acting like major resistance zones. (Source: CoinGlass) At the same time, online sleuths think that now is a good time to get in on the action and buy the dip before the price flips again. Its Fusaka upgrade is slated for December, and with prices as low as they are, it might be good to go long. #ETH: Big potential. Buy the dip. Big upgrade coming (last one pumped price 50%). Correction is local, not expecting a big drop. $2600-$2700 possible bottom, otherwise trend breaks. Most weak hands are out. Good time to buy. Expecting new ATH, targeting $5K for profit taking. pic.twitter.com/zei8mEBCZu — Matt Wraith | AI & Dev (@MattWraithSOL) November 23, 2025 However, it all depends on ETH maintaining the $2,700 level. Sliding down from $2,700 will test lower support zones near $2,300-$2,400. EXPLORE: Top 20 Crypto to Buy in 2025 17 minutes ago Chainlink Core Infra For Tokenized Finance: Grayscale By Arijit Mukherjee Grayscale has chalked up Chainlink as indispensable for tokenized finance, arguing that its decentralized oracle network is unchallenged when it comes to connecting real-world data to blockchain systems.  According to Grayscale’s new research, with more and more traditional assets like stocks, bonds, and real estate moving to tokenization, reliable data feeds from Chainlink become even more important.  Grayscale research team members are suddenly retweeting @ChainLinkGod. Today they shared one of the best recent research papers on $LINK, basically calling it the best investment tied to the rise of tokenized finance. This is not random. The clock is currently running toward… pic.twitter.com/ZlpAEaI5dV — Moeskul (@Xmarine777) November 20, 2025 Chainlink has, over the years, slowly become a part of the plumbing for institutions such as SWIFT, DTCC, and ANZ Bank for proof‑of‑reserves, moving assets across chains, and automating settlements.  EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now  The post What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k appeared first on 99Bitcoins.
Share
Coinstats2025/11/23 12:01
Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

The post Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin! appeared on BitcoinEthereumNews.com. While the number of Bitcoin (BTC) treasury companies continues to increase day by day, another Nasdaq-listed company has announced its purchase of BTC. Accordingly, live broadcast and e-commerce company GD Culture Group announced a $787.5 million Bitcoin purchase agreement. According to the official statement, GD Culture Group announced that they have entered into an equity agreement to acquire assets worth $875 million, including 7,500 Bitcoins, from Pallas Capital Holding, a company registered in the British Virgin Islands. GD Culture will issue approximately 39.2 million shares of common stock in exchange for all of Pallas Capital’s assets, including $875.4 million worth of Bitcoin. GD Culture CEO Xiaojian Wang said the acquisition deal will directly support the company’s plan to build a strong and diversified crypto asset reserve while capitalizing on the growing institutional acceptance of Bitcoin as a reserve asset and store of value. With this acquisition, GD Culture is expected to become the 14th largest publicly traded Bitcoin holding company. The number of companies adopting Bitcoin treasury strategies has increased significantly, exceeding 190 by 2025. Immediately after the deal was announced, GD Culture shares fell 28.16% to $6.99, their biggest drop in a year. As you may also recall, GD Culture announced in May that it would create a cryptocurrency reserve. At this point, the company announced that they plan to invest in Bitcoin and President Donald Trump’s official meme coin, TRUMP token, through the issuance of up to $300 million in stock. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/another-nasdaq-listed-company-announces-massive-bitcoin-btc-purchase-becomes-14th-largest-company-theyll-also-invest-in-trump-linked-altcoin/
Share
BitcoinEthereumNews2025/09/18 04:06