2025-10-16T10:51:12Z https://njump.cloud.vinney.xyz ilbtccouncil https://njump.cloud.vinney.xyz/npub1zdrdaucy6wcyeuyll4dnljt3zmn8wuq4dvhdxv47npkhwpfy0fkqcmd6gz https://blossom.primal.net/58615f684d5118ad4c68f3f02f985aca05f84e92dc2a4f78f541c41cee09d4f5.jpg https://blossom.primal.net/58615f684d5118ad4c68f3f02f985aca05f84e92dc2a4f78f541c41cee09d4f5.jpg https://njump.cloud.vinney.xyz/nevent1qqst5rljgpy0rglm5pxtjp7hp6dzu96y946vhs7cgllfwd54tg4jujczyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axch0rgdn Why isn’t everything cheaper?<br/><br/>H/t - <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>Jeff Booth</span> (<span class="italic">npub1s05…eyhe</span>)</a></span> <br/><a href="https://youtu.be/52AgNcA8_Gw">https://youtu.be/52AgNcA8_Gw</a> 2026-10-15T01:59:34Z https://njump.cloud.vinney.xyz/nevent1qqspe5wuzpdenp44judadwfmwlgplcc5mm63g4elzqv0ahpvfhcp7rqzyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axceqt5qh Hold Your Own Keys | Illinois Digital Asset Rights Act <video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/21039eddc5ab5ca62df6dadaf0400a4a80b4b56f636c300e0784fa8c35cb81d7.mp4"></video> 2026-10-05T11:18:18Z https://njump.cloud.vinney.xyz/nevent1qqs8maql5g7904kkq7f8l9pvjr0qdjmyhrqfvgs8ukc3ajvn6wcmu0gzyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axcfv85uf Municipal Bitcoin Reserve<br/><br/>by ABR Foundation &amp; Tolbyus Shephard <br/><br/><a href="https://youtube.com/playlist?list=PLBd05nGWGNn0&amp;si=cC9HYQOs6iwC2K-S">https://youtube.com/playlist?list=PLBd05nGWGNn0&amp;si=cC9HYQOs6iwC2K-S</a> 2026-09-28T19:38:30Z https://njump.cloud.vinney.xyz/nevent1qqstcz79qgaxr643jvg3c07unq0lqz3872kuts93s4m3mnt5lgg355szyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axceka8tq The Rate Was Never the Point<br/>Congress’s tax committee just voted 38–5 that some digital asset transactions are too small to be worth tracking. Illinois taxes all of them, and the 0.2% is the cheapest part. <a href="https://ilbtccouncil.substack.com/p/the-rate-was-never-the-point">https://ilbtccouncil.substack.com/p/the-rate-was-never-the-point</a> <img src="https://blossom.primal.net/e605425ef909207a02af52fde83120a278842fe87a5bd4e711931999d4101dc0.png"> 2026-09-19T22:06:32Z https://njump.cloud.vinney.xyz/nevent1qqsfdwmxdt30kpyyk9ntt0vd5pkyqnldhh4gv9yf9x66a5taak89csqzyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axc5sdf2q What a Tax Can’t Do<br/><br/>Illinois past a first-in-the-nation tax on digital assets. One thing its authors didn’t plan on: it put us all in the same room.<br/><br/><a href="https://substack.com/@ilbtccouncil/note/p-209787310">https://substack.com/@ilbtccouncil/note/p-209787310</a> 2026-08-08T13:47:54Z https://njump.cloud.vinney.xyz/nevent1qqsfh09gkyyr772k2qp8kv3wpvnks96k0amgveqljvzrngkj7ljkclqzyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axcvmpj8v One Network, Fifty Tool Booths<br/><br/>Congress once stopped states from balkanizing the Internet with a patchwork of transaction taxes. Digital assets might need the same liner on, before it’s too late….<br/><br/><a href="https://open.substack.com/pub/ilbtccouncil/p/one-network-fifty-toll-booths">https://open.substack.com/pub/ilbtccouncil/p/one-network-fifty-toll-booths</a> <br/> <img src="https://blossom.primal.net/e0e26c5bc09959bb5923976aa4c02b27a3a4a7eb965fb2c62f5d426af9f48d89.jpg"> 2026-07-25T14:36:58Z https://njump.cloud.vinney.xyz/nevent1qqsw7nc4cpnpfhqepxufq9nndj5nvxxqt9s9e2gzkktg7yje0v0xxyqzyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axc6mvdkk A Tax on Your Worst Day<br/>Illinois&#39;s new digital asset tax takes its cut even when you sell at a loss — and that&#39;s a moral line, not a technicality. <br/><a href="https://open.substack.com/pub/ilbtccouncil/p/a-tax-on-your-worst-day">https://open.substack.com/pub/ilbtccouncil/p/a-tax-on-your-worst-day</a><br/> <img src="https://blossom.primal.net/0f19f794d833927cdb6c5b08cdaae22a7cfc6bdcdc98f4f0c9e2f44c58933b25.png"> 2026-07-18T11:44:00Z https://njump.cloud.vinney.xyz/nevent1qqs9dd3yqulnpys3fkpuuhkkf9tym6cfx028du385gyex0ycv7hhjwszyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axchmu89t Grateful to <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsyw2lflynya6sj2net9a7d9ksvxxw6unlye4jf7ppya9prfh9vl9cprpmhxue69uhkc6t8dp6xu6twvaex2mrp0yhxxmmdqyvhwumn8ghj7mn0wd68ytn6v43x2er9v5hxxmr0w4jqtms9ex" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>nico</span> (<span class="italic">nprofile…s9ex</span>)</a></span> &amp; <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsg4ajnuf2drxwyz8yl5nju2kcuq4gm68xu5d4pex3g4fsmpzgv4mgpp3mhxue69uhkyunz9e5k7qg4waehxw309ajkgetw9ehx7um5wghxcctwvsv2lc7c" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>opti</span> (<span class="italic">nprofile…lc7c</span>)</a></span> for having us on <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsxpfwtq34xpnqy9djsg7jjayq3rrst95r4xflje0nqlwjjwhfhrycpzpmhxue69uhkummnw3ezumt0d5hszxthwden5te0wfjkccte9eekummjwsh8xmmrd9skctcaz74fj" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>Simply Bitcoin</span> (<span class="italic">nprofile…74fj</span>)</a></span> today to discuss the #ILDigitalAssetTax <a href="https://www.youtube.com/live/b-n7QdvHlWE?t=2971&amp;is=xJA8YKfkt93oeH3K">https://www.youtube.com/live/b-n7QdvHlWE?t=2971&amp;is=xJA8YKfkt93oeH3K</a> 2026-06-25T19:07:10Z https://njump.cloud.vinney.xyz/nevent1qqst74z8cxea0mn6cq9x8zf2nmw4d9xuekwuw8g3hkhnqpapwuy8m3czyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axca6r8g2 Shoutout to Midwest Bitcoin Summit CEO, Bitcoin Scholarship Foundation President, IBC member, and all around great human, Andrew Tilmann. Please check out his Vegas ‘26 presentation below…<br/><br/><a href="https://youtu.be/xGupEz5f-bg">https://youtu.be/xGupEz5f-bg</a> 2026-05-04T19:05:11Z https://njump.cloud.vinney.xyz/nevent1qqsvp3e5qwp2s22wgm45hw28ptsdqys68c0f2hg5fzrqx0p0z0e3xhqzyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axcgznseu Hey #Bitcoin-ers, help us spread the word! It&#39;s early, but #Illinois has two new pieces of legislation introduced...<br/><br/>-Community Bitcoin Reserve Act (SB3743) <a href="https://ilga.gov/Legislation/BillStatus?DocNum=3743&amp;GAID=18&amp;DocTypeID=SB&amp;LegId=167046&amp;SessionID=114">https://ilga.gov/Legislation/BillStatus?DocNum=3743&amp;GAID=18&amp;DocTypeID=SB&amp;LegId=167046&amp;SessionID=114</a><br/>-Digital Asset Investment Act (SB3672) <a href="https://ilga.gov/Legislation/BillStatus?DocNum=3672&amp;GAID=18&amp;DocTypeID=SB&amp;LegId=166866&amp;SessionID=114">https://ilga.gov/Legislation/BillStatus?DocNum=3672&amp;GAID=18&amp;DocTypeID=SB&amp;LegId=166866&amp;SessionID=114</a><br/><br/>IYKYK; Illinois has a bad rap for being hostile to Bitcoin, but that is changing! <img src="https://blossom.primal.net/83dcae12685de82a78c281ed89d1feaba1d54a5edc48c610e1400863d8492061.jpg"> <img src="https://blossom.primal.net/eafe803bf352ce907f15e59e96ede98bd014d31f4bcb3081de81b3e22cb0bcb5.png"> 2026-02-08T13:37:47Z https://njump.cloud.vinney.xyz/nevent1qqsdqtvwwwz2wkym6ykhxxexu8w8ked5n03se33ly5km2tgck7dp4rczyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axc2wy9qc Andrew Hohns, founder/CEO of Battery Finance and Newmarket Capital, details #Bitcoin&#39;s role in fixing credit markets via collateral on a recent WBD episode. Let&#39;s use #Illinois pension crisis ($140B hole) as a case study showing how bitcoin&#39;s scarcity counters fiat debasement...<br/><br/>#Illinois pension crisis: $140B unfunded liability as of 2023. State devotes 20% of budget to stabilization payments. Taxes hiked repeatedly (property rates top 2.2%, income tax 4.95%). Result: 100K+ residents flee annually, gutting tax base, accelerating spiral.<br/><br/>Core thesis: Bitcoin collateral fixes credit markets warped by inflation. Fiat debasement erodes pensions (20-40% of funds in credit). #Illinois exemplifies: COLA-adjusted liabilities balloon to $174T nationally by 2034.<br/><br/>Hohns&#39; model: Battery Finance issues loans backed by real estate &amp; #Bitcoin. Underwrite assuming BTC=0; cash flows from assets cover debt. BTC upside shared 40-60% with borrower. First deal: $12.5M Philly multifamily, $1.5M buys 20 BTC. LTV drops as BTC rises, no volatility calls.<br/><br/>#Illinois application: Pension funds allocate to #bitcoin-backed bonds. Replaces inflation-vulnerable treasuries. BTC scarcity (21M cap, 95% mined) vs. gold&#39;s 1.5-2% annual dilution. Funds preserve real value; no more 5% Roman-style debasement over decades.<br/><br/>Inflation mechanics: Central banks monetize $37T U.S. debt via keystrokes. #Illinois mirrors; $40B general obligation bonds, interest &gt; education spend. Video: Repeated bailouts (2008, COVID) inflate assets, debase savers. #Bitcoin hedges: Finite supply counters endless printing.<br/><br/>CBDC threat: 100+ countries test digital fiat for control (expiring funds, geo-fencing). #Illinois, already surveilled via IL SAVE, risks amplified erosion. Video: #Bitcoin as &#34;freedom money&#34; for 7B in unstable currencies. Mobile access equalizes savers from Chicago to rural counties.<br/><br/>Community rebuild: Video pushes #bitcoin for main streets. #Illinois towns (e.g., Rockford, Peoria) hollowed by out-migration, e-commerce. BTC loans at 6% (vs. 8%) + treasury allocation. Small biz adds uncorrelated asset: $10K BTC on $50K loan yields liquidity, appreciation.<br/><br/>#BitBonds proposal: Treasury issues bonds (90% funds spending, 10% buys BTC). 1% rate (vs. 4.5%); 50/50 upside split at maturity. U.S. guarantees principal. Savings: 25% interest cut, even if #bitcoin zeros. #Illinois pilots state BitBonds: Tax-exempt, stabilizes pensions sans tax hikes.<br/><br/>Projections: Historical #bitcoinreturns yield 10-20% investor yields. #Illinois: $25B tranche tests custody, scales to $140B liability. Offsets 20% budget drain. No new laws; market-driven. Counters Yellen-era short-term debt traps.<br/><br/>Behavioral shift: #Bitcoin enforces low-time preference. #Illinois workers, facing automation (trucking unions), save in sats vs. dissipating dollars. Farms recapitalize: BTC collateral funds equipment, draws youth vs. urban exodus. Reduces processed-food dependency; reclaims time for self-investment.<br/><br/>Risks mitigated: Loans lock #bitcoin 4+ years, align incentives. #Illinois adoption: Start municipal (Chicago studies via Adams model), scale statewide. Avoids California-style flight. Video data: Global assets inflate to quadrillions; BTC cycles persist but scarcity drives net upside.<br/><br/>Outcome: #Illinois deploys #bitcoin to term out debt, rebuild trust, halt spiral. Sovereigns lead or lag; video predicts U.S. federal pivot under BTC-literate policy. Funds protected; cities preserved. Cycle ends.<br/><br/><a href="https://www.youtube.com/watch?v=Jx65RWs7ZCw">https://www.youtube.com/watch?v=Jx65RWs7ZCw</a> 2025-10-30T00:20:17Z https://njump.cloud.vinney.xyz/nevent1qqs9j2xx24ytcf5ahqmldrftza60zre7t9g0nkhtculqrxd9rlmtjwszyqf5dhhnqnfmqn8snl74k07fwytwvamsz44ja5ejh6vx6ac9y3axchrfp3y We’re proud to welcome <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/npub1s9z7pwy96thwt7zvmrlpfnddstezxxphx9rx3m0660sgkwld9eescjnszc" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>joecarlasare</span> (<span class="italic">npub1s9z…nszc</span>)</a></span> to the Illinois Bitcoin Council Board of Directors.<br/><br/>As a leading expert in Bitcoin &amp; digital asset law, Joe’s insights will drive our mission to advance #Bitcoin adoption in Illinois.<br/><br/>Join us in congratulating him! 2025-09-22T15:57:27Z