Democrats just took control of both chambers of Congress, so what happens to Bitcoin legislation now? Zack Cohen of the Bitcoin Policy Institute explains why the Clarity Act stalled in the Senate and what a new Congress means for protections for non-custodial Bitcoin developers. He says developers are “still in the clear for the next two years” and walks through the de minimis tax exemption and the Strategic Bitcoin Reserve push. He also breaks down the politics of AI data centers and a BPI report on China-linked funding behind anti-data center protests.
Chapters:
00:00 Midterm Results: Affordability Front and Center
02:01 Senate vs. House: Which Matters More for Bitcoin
03:05 Is There Hope for the Clarity Act?
04:43 Developer Protections Under a Democratic Congress
06:39 No New Prosecutions of Non-Custodial Developers
07:10 Beyond Digital Gold: Narratives That Persuade
09:06 The De Minimis Tax Exemption and Spending Bitcoin
11:10 The Politics of AI and Data Centers
12:02 Compute and Power: AI’s Biggest Bottleneck
14:18 BPI Report: China Behind Anti-Data Center Protests
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