“Forcing reporting rules on Americans who develop software and hardware, who mine and secure the network, or who run nodes to build resilience and efficiencies, is an impossible ask that will only drive development and operation of this critical technology outside the US.”
Tweets: @tedcruz, @brian_armstrong, @elonmusk, @RoKhanna, @SenToomey
“Imposing crypto tax reporting obligations on software developers, node operators, miners, and others, who cannot comply with them, may very well push them to leave the United States for other jurisdictions. This is obviously bad for America.”
Tweets: @cameron, @SenToomey, @RoKhanna, @BarrySilbert