OP_Return Jan02: Bitcoin's New Year, X Money, IRS Battles, and Do Kwon's Capture

02/01/2025 5 min

Listen "OP_Return Jan02: Bitcoin's New Year, X Money, IRS Battles, and Do Kwon's Capture"

Episode Synopsis

Welcome to another episode of Op Return from Bitcoin Park, where we deliver your daily dose of Bitcoin industry insights. I'm your host, Robert Warren, and today, January 2, 2025, we're diving into four intriguing topics that are shaping the Bitcoin landscape.First up, we discuss "Pay Me in X Money," where Linda Iaccarino, CEO of X, has announced the launch of X Money, XTV, and the expansion of the X AI platform, Grok. Despite holding a significant amount of Bitcoin, the company's move to create its own currency raises questions about its commitment to existing Bitcoin solutions like the Lightning Network.Next, we tackle the ongoing battle with the IRS in "The IRS Still Hates You." Recent legal challenges against IRS regulations have created a storm of uncertainty in the Bitcoin and DeFi sectors. The push for Bitcoin to be recognized as currency continues, aiming to simplify tax obligations and reduce the burden on accountants.In "Sailor's Party," we take a peek into the exclusive New Year's bash hosted by Michael Saylor, former CEO of MicroStrategy, in Miami Beach. The event was a hotspot for influencers and media, sparking curiosity and social media buzz, especially about a mysterious guest in a green dress.Finally, we cover the capture of Do Kwon in "They Got Do Kwon." Interpol has apprehended the notorious Ponzi scheme architect in Montenegro, and he now faces extradition to the US. This serves as a cautionary tale about the importance of Bitcoin's core principles and the dangers of fraudulent ventures.Stay tuned for more updates and insights by following us at Bitcoin Park on Noster and Twitter, and don't forget to subscribe to our newsletter for daily updates.

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