Senator Lummis recently jumped out calling for the abolition of Bitcoin and crypto taxes, and the crypto community is celebrating. But wait—do you really believe in this sudden “good Samaritan” act?



**The Politician’s Game: Your Emotions = My Votes**

It’s an old trick in Washington. Shout out the most radical slogan, and crypto users line up to retweet, like, and donate. As for whether the bill will ever pass? They don’t care at all. Every time you share it, you’re helping her hit her KPIs. This kind of “lip service vote-grabbing” has long been standard in American politics.

**If Taxes Are Really Gone, Who Wins in the End?**

Don’t be naive—the biggest beneficiaries aren’t retail investors at all:

- **Wall Street’s Ticket In**: Giants like BlackRock and Goldman Sachs are worried about the heavy tax burden of allocating large-scale crypto assets. Now someone’s calling for tax exemptions—it’s basically rolling out the red carpet for them. You think you’re saving money, but in reality, you’re just clearing the way for future financial behemoths who will crush you.

- **Regulatory Bait**: Tax exemption is the sugar, but it definitely comes with stricter KYC, transaction tracking, and anti-money laundering clauses. This is “sweet first, bitter later”—freedom is always sold as a package deal.

- **Transparency Trade-Off**: Do you really think the government will give up tax revenue? The likely precondition for tax exemption is: all on-chain activity must be real-name and fully traceable. A small tax break in exchange for your entire financial map—Wall Street and regulators both win, while retail investors are left exposed.

**Beware of Sudden “Kindness”**

When politicians start pandering to a group, it means that group is now useful to them. You’re no longer an “edge player,” but a “political bargaining chip”—and chips are usually tossed aside once they’re used up.

In short: In the financial game, tax exemption is never a benefit—it’s the starting gun for a new shuffle of interests. When the drums are beating the loudest, you’d better first check what’s buried under the stage.
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GasWastervip
· 19h ago
Hmm... yet another round of playing with emotions, and retail investors are still cheering. --- To be honest, the moment this tax exemption promise appeared, I felt something was off. --- LOL, do you really think politicians will give something away for free? Next up will definitely be KYC and real-name verification bundled together. --- Every time there's this kind of good news, I have to wonder who the real winner is—it's definitely not us. --- Basically, they give you a little sugar first, and then make all on-chain activity fully transparent. The same old routine. --- The political bargaining chip analogy is spot on... that's exactly what's going on. --- Whenever I see this kind of news, my first reaction is to ask myself: will the government really give up tax revenue? The answer is right here. --- Wall Street is celebrating, while retail investors are foolishly reposting—what a show.
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ChainWatchervip
· 19h ago
Here we go again? Do you really think politicians would give us something for nothing? They just want to trade our popularity for votes. There’s definitely a catch coming. --- Tax exemption sounds great, but in the end, it’s still the big institutions that profit. Retail investors like us are just being used as tools. --- Ha, first they give us a sweet deal, then it’s KYC and tracking—there goes our freedom. --- The more sudden this kind of "good news" is, the more cautious you have to be. It could easily turn into a privacy sellout. --- It’s just a political bargaining chip—once they’re done with us, we’ll be tossed aside. Don’t take it too seriously. --- It looks charitable on the surface, but it’s really just paving the way for Wall Street. In the end, retail investors like us are left holding the bag.
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0xSoullessvip
· 19h ago
Another trick again—honey on politicians' lips, poison in your wallet. BlackRock is laughing in the back while we're cheering in the front. Tax-free? Better see what you have to give up first. Wall Street saw through this move a long time ago, but we're still sharing it around. Still believing political promises after all this time? That's just asking to get fleeced. Retail investors are always the last to know the truth. The fishing rod is practically hitting your face, yet you're still biting the bait.
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StableNomadvip
· 20h ago
ngl the tax-free carrot always comes with strings attached... reminds me of UST in May, everything looked fine until it didn't lol
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