Infrastructure Bill Bitcoin Reckoning – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Bitcoin 2022 was a fantastic center of conversation for the politics and legislation involving Bitcoin. On April 6, the event’s Industry Day, the Nakamoto Stage played host to such conversations, as leaders in the industry considered the various implications of the Biden infrastructure bill.

Jake Chervinsky, head of policy at the Blockchain Association, had an excellent Twitter thread on why Bitcoiners were concerned with the infrastructure bill’s cryptocurrency aspects, specifically the reporting requirements. Essentially, the bill would have deemed nearly anyone utilizing bitcoin to be a broker.

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