As the 2025 legislative session picks up steam, it appears that the Bitcoin billionaires’ lobbyists are making significant inroads toward their ambition of getting taxpayers to fund lucrative Bitcoin bailouts. According to Decrypt.co and ZeroHedge, legislators in 16 states (and counting) are either contemplating or actively taking steps toward establishing “strategic Bitcoin reserves.” As the quote above accurately states, this would represent a major new direction in fiscal policy.
Please make sure you have read Solari Papers #4, Bitcoin Bailout: Why a Bitcoin Strategic Reserve Is a Bailout of the Big Boys, and then get busy contacting your legislators to explain why this is a dreadful idea! If a proposed bill is already in committee, contact the legislators on that committee.
Financial planner Tim Caban, co-host of Solari’s quarterly Equity Overviews, joined Catherine in January to brief state leaders on the Bitcoin Bailout (you can view an edited version of that briefing HERE). In his own commonwealth of Pennsylvania, Tim has sent letters with attachments to all 37 legislators (10 senators and 27 members of the House) on the legislature’s Finance Committee, with the letter referencing a House bill under consideration in PA as well as three attachments (see below). He intends to follow up with phone calls. See sample letter HERE.
Depending on your budget, Tim has helpfully outlined various options for physical and electronic mailings.
Option #1: Physical Mail-out with Books:
Option #2: Physical Mail-out with Printed PDF:
Option #3: Electronic Mailing:
Action of the Week: January 6, 2025: Educate Your State Legislators about the Bitcoin Op
Bitcoin Bailout: Why a Bitcoin Strategic Reserve Is a Bailout of the Big Boys
Book Review: Hijacking Bitcoin by Roger Ver
What the States Can Do: Building the Legal and Financial Infrastructure for Financial Freedom
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