Bitcoin for America Act: A Tax Revolution or Just Another Crypto Fantasy?

Ah, the sweet smell of bureaucracy mingling with cryptocurrency. The Bitcoin Policy Institute (BPI), that neutral, nonpartisan think tank whose sole purpose is to make you question everything you know about money, has thrown its hat into the political ring with a resounding endorsement of the Bitcoin for America Act of 2025. What’s that? A bill allowing you to pay your taxes with Bitcoin? Yes, you read that right. Because, apparently, cash is so last century. 😏

For those not entirely familiar with the intricacies of digital gold, the Bitcoin for America Act would allow you, dear citizen, to swap your hard-earned Bitcoin (currently worth a measly BTC $86,905) for a shiny, new tax receipt. And where would your funds go? Straight into a national Bitcoin reserve. Because, of course, the federal government needs a Bitcoin stash, like a squirrel hoarding nuts for winter. 🐿️

Now, let’s talk tools. The BPI has also launched a financial Bitcoin Tax Payment Model that’s as sophisticated as it is mysterious. This tool calculates how much of a dent Bitcoin tax payments would make in the federal Bitcoin reserve. According to a Nov. 20 press release, it provides “a data-driven illustration of the potential fiscal benefits of long-term Bitcoin accumulation.” In layman’s terms, it shows us how much Bitcoin the government could accumulate if we start paying taxes in the digital currency. Spoiler: It’s a lot. 💰

PRESS RELEASE: Today, BPI is endorsing the Bitcoin for America Act introduced this morning by @rep_davidson.

We’re also releasing a first-of-its-kind financial dashboard modeling the impacts of the U.S. government accepting bitcoin for tax payments. Because who doesn’t love a good dashboard?

– Bitcoin Policy Institute (@btcpolicyorg) November 20, 2025

Bitcoin for America Act Potential Savings

Let’s give a warm welcome to Congressman Warren Davidson from Ohio, the man who decided that the US should start accumulating a cryptocurrency reserve before China and Russia leave us in the dust. The Bitcoin for America Act is not just about taxes; it’s about national security. Because in this new world order, if you’re not hoarding Bitcoin, are you even a serious nation? 😅

Davidson’s bill emphasizes that cryptocurrency is inflation-proof (well, at least it’s been that way for the last few years). He argues that securing a stake in a decentralized, geopolitically neutral asset will protect us from sanctions and external interference. Because nothing says “freedom” like a crypto reserve immune to government meddling. 🛡️

The Bitcoin for America Act will position our country to lead-not follow-as the world navigates the future of sound money and digital innovation. But hey, no pressure!

Read more about my Bitcoin for America Act below!

– Rep. Warren Davidson (@Rep_Davidson) November 20, 2025

Now, back to that financial model. It’s got all the bells and whistles-users can adjust everything from the percentage of taxes to be paid in Bitcoin (from a modest 0% to a whopping 10%), to growth projections that span from the year 2020 all the way to 2050. And let me tell you, if 10% of taxpayers suddenly decide to pay their federal taxes in Bitcoin, the model predicts a net advantage of $1.11 quadrillion. Yes, quadrillion. That’s a number so large, it might as well be imaginary. 🤯

And if you think that’s a stretch, consider this: with just 1% of taxpayers remitting in Bitcoin, the model predicts a net advantage of $34.6 trillion from 2025 to 2050. This, my friends, could erase the US deficit and public debt entirely. It’s almost as if Bitcoin could solve all our financial problems-if only it were that simple. 😆

Read More

2025-11-21 00:30