Simply Bitcoin FORGET WALL ST: How the Biggest Bitcoin Attack Is Coming From Within! | Simply SatoSHE
Mar 15, 2026
A Capitol Hill battle over payment rules and tax treatment for Bitcoin versus stablecoins. Reports that major crypto firms are lobbying for stablecoin advantages and public figures demand answers. Discussions about how relentless money printing could affect Bitcoin's role as a scarce asset. Debates over policy proposals and calls for clearer industry behavior.
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Coinbase Lobbying Could Lock Bitcoin Out Of Everyday Use
- Coinbase lobbyists are pushing to exclude Bitcoin from de minimis tax relief while favoring stablecoins, shaping Capitol Hill policy behind the scenes.
- Internet Sophie ties this to $1.35B in Coinbase stablecoin revenue and a direct incentive to preserve reserve yield.
Push For Public Accountability From Exchanges
- Demand public clarity from Coinbase about whether it supports de minimis relief for Bitcoin, not just stablecoins.
- Internet Sophie notes BPI is calling for a public roundtable to expose lobbyist actions versus public statements.
Self Custody To Avoid Custodial Conflicts
- Self-custody your Bitcoin to avoid being trapped by custodial incentives that favor stablecoin revenue.
- Internet Sophie warns that if Coinbase wins, Bitcoin remains a portfolio ticker and users stay dependent on misaligned custodians.