Related Article: CoinShares researcher forecasts bitcoin at $150,000 | ForkLog - forklog.com - Monday, August 18, 2025, 1:28:46 AM Eastern Daylight Time
Target: U.S. Congress, U.S. Department of the Treasury, Internal Revenue Service (IRS)
Goal: We call on lawmakers and regulators to implement robust taxation and regulation of cryptocurrency profits, ensuring that gains from this speculative market are used to fund essential public services and address social inequality.
Recent predictions from CoinShares suggest that Bitcoin could reach between $80,000 and $150,000 in 2025, with the possibility of even greater increases if the market capitalization of cryptocurrency approaches that of gold. The rapid rise in value primarily benefits wealthy investors and large financial institutions, exacerbating existing inequalities.
Without effective regulation and taxation, the profits from cryptocurrency speculation will continue to concentrate in the hands of a few, while the majority of people face underfunded public services and growing economic insecurity. We urge policymakers to take immediate action to ensure that the gains from digital assets are fairly taxed and used to support the public good.