Kevin Virgil reposted the post below
Four years ago today, MicroStrategy adopted #Bitcoin as its primary treasury reserve asset; since then $MSTR has outperformed 499 of 500 stocks in the S&P 500.
Does Kevin Virgil Support Crypto?
Based on previous comments, Kevin Virgil has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Kevin Virgil has made about crypto.
She was 100% on board with massive donations from the crypto community last time, when it was SBF writing the checks
Alexandria Ocasio-Cortez
@AOC
People everywhere need to understand how disgusting and abnormal it is for special interests to dump nearly $15 million to unseat a member of Congress in a primary.
This is corruption. It is a core threat to American democracy. It also fuels Trump.
Support Jamaal Bowman.
Quoted from standwithcrypto.org on
Kevin Virgil completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. He emphasized the importance of crypto in driving technological innovation, economic growth, and job creation. Kevin Virgil supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.
This is a great decision by the OK state legislature.
It protects Oklahomans’ liberty from an out of control federal gov’t that wants total control over its citizens.
Would love to see Iowa do the same!
We already have successful mining ops here. Creating a crypto safe haven w ’s economy and a step toward restoring balance b/w DC and the states per the 10th Amendment.
Dennis Porter
@Dennis_Porter_
MASSIVE BRREAKING: A bill to protect 'fundamental #Bitcoin rights' has PASSED the Senate and House in the state of Oklahoma!
Once signed by the Governor, this bill will protect:
The right to SELF-CUSTODY!
The right to mine #Bitcoin
The right to run a full node
The right to buy, sell, trade digital assets
A big thanks to the Rep. Brian Hill (@SamuelBrianHill) and Sen. Bill Coleman for sponsoring this legislation.
A huge shoutout also needs to be given to the @oklahomabtc which is led by @_BTCstorm. Without their support, and work to push this legislation forward, it is unlikely this legislation would have been successful. We are proud to work closely with their team.
If you are a Bitcoin business operating in Oklahoma, be sure to send support to the @oklahomabtc.
Urgent Call for Support:
The passage of this bill in the Senate and the imminent signing into law by the Governor do not come easy. Your support is crucial. This is a pivotal moment for #Bitcoin in America, and by rallying together, we can ensure these fundamental rights are solidified.
Donate now: httpdonorbox.org/btc-rightsOTECTING SELF-CUSTODY
There are a lot of reasons to support this piece of legislation, but given recent attempts to attack self-custody, there has never been a more important time to defend this inalienable right.
The very idea that 'We the People' cannot hold our own assets is antithetical to what it means to be an American.
Without the ability to manage our own wealth and assets, we are no longer in control of our own destiny. We are no longer able to forge a better path for ourselves and our families.
This is why it is critical to ensure that Americans (and all people of the world) are able to secure not only their #Bitcoin but ALL their assets.
Oklahoma is now leading the nation and showing the world that it will stand up for the individual right to hold and self-custody #Bitcoin.
MINING AND RURAL JOB GROWTH
Additionally, this bill protects and encourages the growth of #Bitcoin mining in the state.
#Bitcoin mining has the potential to balance the grid, cleanup the environment, deliver local investment, and create rural jobs.
Oklahoma, a state with boundless energy, can greatly benefit from this technology. Wether its managing the intermittency from its wind farms or mitigating methane emissions from abandoned oil wells, #Bitcoin has the ability to monetize wasted and stranded energy.
The added benefit of tackling stranded and wasted energy is that #Bitcoin miners will be investing into local electrical infrastructure in rural and remote areas of the state. Developing in rural areas also means there there will be rural jobs created.
Small towns and rural areas have been left behind over the last 50 years by the tech boom, but now, #Bitcoin is generating new opportunities for these communities.
THIS IS WHY THIS BILL MATTERS!
But we cannot pass laws to protect and defend #Bitcoin usage in the USA without your support. Please consider becoming a monthly donor so we can continue to fight for #Bitcoin in the USA!
Donate now: httpdonorbox.org/btc-rightsank you for your support!
Onward and upward for #Bitcoin. 🚀
The right to SELF-CUSTODY!
The right to mine #Bitcoin
The right to run a full node
The right to buy, sell, trade digital assets
A big thanks to the Rep. Brian Hill (@SamuelBrianHill) and Sen. Bill Coleman for sponsoring this legislation.
A huge shoutout also needs to be given to the @oklahomabtc which is led by @_BTCstorm. Without their support, and work to push this legislation forward, it is unlikely this legislation would have been successful. We are proud to work closely with their team.
If you are a Bitcoin business operating in Oklahoma, be sure to send support to the @oklahomabtc.
Urgent Call for Support:
The passage of this bill in the Senate and the imminent signing into law by the Governor do not come easy. Your support is crucial. This is a pivotal moment for #Bitcoin in America, and by rallying together, we can ensure these fundamental rights are solidified.
Donate now: httpdonorbox.org/btc-rightsOTECTING SELF-CUSTODY
There are a lot of reasons to support this piece of legislation, but given recent attempts to attack self-custody, there has never been a more important time to defend this inalienable right.
The very idea that 'We the People' cannot hold our own assets is antithetical to what it means to be an American.
Without the ability to manage our own wealth and assets, we are no longer in control of our own destiny. We are no longer able to forge a better path for ourselves and our families.
This is why it is critical to ensure that Americans (and all people of the world) are able to secure not only their #Bitcoin but ALL their assets.
Oklahoma is now leading the nation and showing the world that it will stand up for the individual right to hold and self-custody #Bitcoin.
MINING AND RURAL JOB GROWTH
Additionally, this bill protects and encourages the growth of #Bitcoin mining in the state.
#Bitcoin mining has the potential to balance the grid, cleanup the environment, deliver local investment, and create rural jobs.
Oklahoma, a state with boundless energy, can greatly benefit from this technology. Wether its managing the intermittency from its wind farms or mitigating methane emissions from abandoned oil wells, #Bitcoin has the ability to monetize wasted and stranded energy.
The added benefit of tackling stranded and wasted energy is that #Bitcoin miners will be investing into local electrical infrastructure in rural and remote areas of the state. Developing in rural areas also means there there will be rural jobs created.
Small towns and rural areas have been left behind over the last 50 years by the tech boom, but now, #Bitcoin is generating new opportunities for these communities.
THIS IS WHY THIS BILL MATTERS!
But we cannot pass laws to protect and defend #Bitcoin usage in the USA without your support. Please consider becoming a monthly donor so we can continue to fight for #Bitcoin in the USA!
Donate now: httpdonorbox.org/btc-rightsank you for your support!
Onward and upward for #Bitcoin. 🚀Commentary on Stance
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Kevin Virgil reposted the post below
"Bitcoin is too complicated!"
Oh, you think you understand how the dollar works?
Commentary on Stance
Add your own commentary on this stance@balajis has written a great summary of why Bitcoin is so important. This is why I first fell 'down the rabbit hole' 11 years ago. Bitcoin changed how I think - not just about money, but how we operate as a society.
I intend to be the most pro-crypto member of Congress once elected.
If you are fed up with the uniparty and its incessant push for dominance over the people, you owe it to yourself to learn about Bitcoin. Governments have claimed the right to print money for our entire lives. In America's case, that 'exorbitant privilege' enables those in power to engage in endless wars while enriching themselves and inflating the currency to suit their own political ends -- while the rest of us suffer.
I will also fight relentlessly against our government's attempt to implement a CBDC, which is not really a cryptoasset but a tool of enslavement that conveys power over the people that Stalin or Mao could have only dreamed about.
Bitcoin is the way.
Balaji
@balajis
THE PURPOSE OF BITCOIN
The purpose of Bitcoin is to shatter the welfare/warfare state and return power to the people.
Yes, you can understand it as technological innovation — as a better way to hold and send large amounts of money — but at its core it is political revolution.
ams the secret police and the NGOs calling for defunding the police. It rewards places that attract skilled immigrants and punishes those that cannot protect property rights.
It does all this by breaking the 20th century centralized state's business model, by breaking both the wealth seizure of Communism and the money printer of Keynesianism. Because Bitcoin is money that can't be seized and monetary policy that can't be manipulated.
So, think of Bitcoin as the ultimate zero-based budgeting. It zeros out everything that centralized states spend money on. It ends the wars and starves the beast. And then, it allows free people to decide from scratch what collectives they want to form, what public goods they want to crowdfund, and what they want to voluntarily do together as a society.
In a word, it restores consensual government. You just don't do what you have not consented to do.
Because Bitcoin reverses several centuries of power centralization in a few decades of decentralization. It fuses the egalitarian global government of the internationalist left with the limited local government of the capitalist right. It does this by transferring sovereignty from each centralized local state to a decentralized global network, where the collective of Bitcoin holders act as the ultimate bond vigilantes, the ultimate international union, the ultimate government of governments.
And DC's declining "rules-based order" cannot match the legitimacy of this ascending Internet opt-in order. We already see tens of millions of Americans and Chinese alike voting against both Democrats and Communists by voting with their wallet for Bitcoin. Their states may be gearing for pointless war, but on the network these two great nations are at peace. Bitcoin Americans may not trust the Chinese state, and Bitcoin Chinese may not trust the American state, but neither of them trust their own states as much as they trust Bitcoin's network.
Trustworthy states, of course, have nothing to fear. If you have popular legitimacy you need not fear capital flight. And already we see early adopter states for Bitcoin, from Bukele to Bhutan. Early adoption serves as a political IQ test — small and smart governments can pull it off, while big and dumb states simply will not.
So big, dumb states will be hardest hit. And they will hit back. Just like they went from calling social media unimportant to assailing it as too important, so too will they go from questioning whether Bitcoin has any utility to calling it too powerful to leave in the hands of the citizenry. And then the attempts at seizure will begin.
The explicit use of state force will unify left- and right-libertarians against neocons and neolibs, shattering and remaking the political compass. That's likely to begin after this cycle. And it'll be a fight that will make 2016-2024 look like the good old days.
But at least we'll all know that Bitcoin has a purpose.
Commentary on Stance
Add your own commentary on this stanceKevin Virgil replied to a post from @MaherLinds87412
@MaherLinds87412 @realDonaldTrump @RonDeSantis @NikkiHaley This IS part of my platform. I intend to be the strongest advocate for digital assets and crypto in Congress. Americans need access to hard money that doesn’t lose 5-10% of its purchasing power every year. What’s more important than that?
Commentary on Stance
Add your own commentary on this stanceGlad to see @realDonaldTrump taking a stand against CBDCs!
Americans need access to hard money like gold and Bitcoin. But we don't need 'money' that unelected bureaucrats can block access to, at their whim.
Where do @RonDeSantis and Neocon @NikkiHaley stand on CBDCs?
Malcolm FleX - Chaotic Neutral Mercenary
@Malcolm_fleX48
From the National Pulse & Raheem Kassam - @VivekGRamaswamy is having a profound effect on Trump. Shortly after their private meeting Trump declares "I will never allow Central Bank Digital Currency"
thenationalpulse.com/2024/01/17/exc…
Commentary on Stance
Add your own commentary on this stanceUnpopular opinion (for crypto people): Yes there's a lot to disagree with in the @GaryGensler interview today.
But he's right in that the crypto industry needs to be cleaned up. It's riddled with scams and 'rug pulls'. This industry is starved for real leadership.
Kevin Virgil
@kvirgil
#SEC Chairman Gensler on #CNBC now: "We don't need more digital currencies. The US dollar, euro and yen are already digital."
I don't even know where to begin with this ignorant comment. Crypto was created to act as an alternative to the systemic failures of fiat currency.
#SEC Chairman Gensler on #CNBC now: "We don't need more digital currencies. The US dollar, euro and yen are already digital."
I don't even know where to begin with this ignorant comment. Crypto was created to act as an alternative to the systemic failures of fiat currency.
Commentary on Stance
Add your own commentary on this stanceKevin Virgil reposted the post below
Bitcoin has...
no charismatic leader
no funded foundation
no governance token
no vesting schedule
no steering council
no partnerships
no fancy offices
no VC backing
no legal team
no pre-mine
no roadmap
no rulers
My latest Substack on how the Federal alphabet soup complex shut down a solvent bank to discourage its peers from working with crypto businesses. And yet Bitcoin moved higher.
kevinvirgil.substack.com/p/operation-ch…
RIP 'crypto banks', an abomination that should never have happened. Nexo was the lone survivor after Celsius, Voyager & BlockFi failed.
This clears the field for better & transparent DeFi apps that aren't run by polyamorous kids on a tropical island.
theblock.co/post/192204/cr…
Kevin Virgil reposted the post below
Any centralised #crypto lender that hasn’t already gone bankrupt is probably a zombie. The hit rate is approaching 100%. This is what happens when rates go from 0% to 5% in 12 months. Convexity is a bitch.
Folks, if we haven't learned this lesson by now then today is more reinforcement. Crypto is disruptive tech but the industry is drowning in greed and fraud. Centralized exchanges are 
https://t.co/0di0DU21Yp
https://t.co/0di0DU21Yp
CZ 🔶 BNB
@cz_binance
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
Commentary on Stance
Add your own commentary on this stanceThe crypto community is celebrating how 'energy-efficient' $ETH is (free burritos at @ChipotleTweets!), but not many are pointing out how the SEC is now claiming jurisdiction over it.
Terrible situation for a 'censorship-resistant' blockchain to be in.
kevinvirgil.substack.com/p/for-ethereum…
Commentary on Stance
Add your own commentary on this stanceFam, I'm back in writing mode. Would be honored if you check out my new Substack.
This week: If I'm right, #Ethereum just solved one problem and created a far more serious one.
Time to finally go long $ETC?
kevinvirgil.substack.com/p/for-ethereum…
For Ethereum, Big Problems Emerge After ‘The Merge’ on Forward Observer by Kevin Virgil kevinvirgil.substack.com/p/for-ethereum…
Great opportunity for another country to advertise a safe location for US-based node operators to re-domicile. No different than the hedge fund industry. $ETH
Cointelegraph
@Cointelegraph
The SEC claims authority to investigate ETH transactions as if they happened in the US because most nodes are on national soil. buff.ly/3S0eZZu
Commentary on Stance
Add your own commentary on this stanceThe people who oppose #Bitcoin and #Ethereum won't change their minds because blockchain energy consumption just dropped 99%.
Energy consumption is a smokescreen. Their true objections are more philosophical and fear-based.
Hayden Adams 🦄
@haydenzadams
Ethereum reducing its energy usage by 99.98% will improve its public image more than anything else in its entire history (rightfully so imo).
I think people are massively underestimating this aspect of the merge.
Commentary on Stance
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