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1. Embed this notice
   Joe Ortiz (joeo10@mastodon.sdf.org)'s status on Friday, 20-Dec-2024 04:42:44 JST Joe Ortiz

   in reply to

   • stux⚡
   • Scott Miller 🇺🇦 🇺🇸
   • Trebach

   @scottmiller42 @trebach @stux I'm sure this will be back on the table next year as the crypto industry now has major representation in Congress and they'll push hard for it I'm sure.

   • Embed this notice
     Scott Miller 🇺🇦 🇺🇸 (scottmiller42@mstdn.social)'s status on Friday, 20-Dec-2024 04:42:45 JST Scott Miller 🇺🇦 🇺🇸

     in reply to

     • stux⚡
     • Trebach

     @trebach @stux Agree. Essentially zero chance this gets resurrected before the next assembly.

     It's hard to predict what might happen next year with a GOP trifecta and with the reckless fool that runs birdsite having Turnip's attention. If I was forced to guess though, I'd say a bill like this won't pass the House or Senate in 2025-26. My guess is we'll see chaos and gridlock similar to 2017-18 with little of substance being passed.

     That's a guess though — bad stuff could still happen.

   • Embed this notice
     Trebach (trebach@functional.cafe)'s status on Friday, 20-Dec-2024 04:42:46 JST Trebach

     in reply to

     • stux⚡
     • Scott Miller 🇺🇦 🇺🇸

     @scottmiller42 @stux IIRC, if it doesn't get passed into law by January 3, 2025 (when the next Congress is inaugurated), it's dead and has to be re-introduced. The fact that it hasn't even left committee and Congress is probably in recess through the end of the year means this is probably dead already

   • Embed this notice
     Scott Miller 🇺🇦 🇺🇸 (scottmiller42@mstdn.social)'s status on Friday, 20-Dec-2024 04:42:47 JST Scott Miller 🇺🇦 🇺🇸

     in reply to

     • stux⚡

     @stux FYI, it looks like this stupid bill got exactly the attention it deserved:

     "Introduced 07/31/2024

     Latest Action: Senate - 07/31/2024 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs."

     No co-sponsor, no action was taken aside from it being introduced in committee. It was dead on arrival. Hopefully that will be the last we hear of this bad idea.

   • Embed this notice
     stux⚡ (stux@mstdn.social)'s status on Friday, 20-Dec-2024 04:42:48 JST stux⚡

     It's official.

     The US is totally nuts: 🇺🇸 🥜

     "BITCOIN Act of 2024"
     https://www.congress.gov/bill/118th-congress/senate-bill/4912/all-info