Coinbase and CLARITY, OP_NET Raises $5M, Blockfills Goes Bankrupt, Drukenmiller Fades BTC
On today’s Blockspace Live, we address reports alleging that Coinbase is meddling in the CLARITY Act and break down Blockfill’s Chapter 11 bankruptcy.
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Show Notes
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Welcome back to The Blockspace Podcast! Today, we dive into reports that Coinbase is allegedly lobbying against the de minimis tax exemption for BTC purchases in the CLARITY Act and the bitcoin miners caught up in the Blockfills bankruptcy. Plus, for today’s guests, Chad Masters and Danny Plainview, co-founders of OP_NET, join us to discuss their $5M raise and vision for Bitcoin-based smart contracts, and Hashlabs analysts Valentin Rousseau breaks down his latest report that scores which countries are the best for mining bitcoin. Plus, for this week’s cry corner, why Stanley Druckenmiller is fading bitcoin after supporting it as early as 2020.
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Notes:
* Bitcoin price hits $74k
* Coinbase allegedly lobbying against BTC tax breaks.
* OP_NET announced a $5 million fundraise.
* Blockfills undergoes bankruptcy proceedings.
Timestamps:
00:00 Start
01:19 Former UBER CEO comes out of stealth
06:17 COINBASE vs de minimus, TFTC???
15:41 Is OPNET spam?
33:19 Best & Worst Places to Mine BTC
47:48 Blockfills files chapter 11
56:48 Druckenmiller dunks on BTC
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