#OneBigBeautifulBill ! I have been closely following the hashtag #OneBigBeautifulBill! There is a lot of commotion in the political and economic world, and I wonder how this will affect those of us involved in the cryptocurrency scene. It seems that this law, which brings a lot of tax reforms and spending adjustments, could have its pros and cons for the crypto market.
On one hand, there is concern that tax exemptions for miners and those staking cryptocurrencies have not been included. That could discourage some people! But on the other hand, I have heard some analysts say that if the debt ceiling rises and the dollar devalues (due to those spending policies), we could see how Bitcoin.