ATC quote · May 21, 2025 · 0:31:15
“Yeah. No. I have two questions. I... And excuse my... It's, like, lack of awareness about this bill. But I guess the first one is, like, how does this impact Tether in general? Like, because they…”
Kkoma @itskkoma
From All Things Crypto: What AI tokens are these KOLs buying?, May 21, 2025 · Episode page

In context
0:25:48 Dave @DCBK2LA: I love it. I love it. I love it. I love it. Okay. Obviously, spurred on by, I mean, a million different things. The best is when people... I saw a tweet today. Someone said, if you're still asking, why is Bitcoin up so much? You're not gonna make it. Okay? You're definitely not gonna make it. So, obviously, a bevy. I mean, a million different things that that that we can talk about. One of the big... One of the…
0:31:15 Kkoma @itskkoma: Yeah. No. I have two questions. I... And excuse my... It's, like, lack of awareness about this bill. But I guess the first one is, like, how does this impact Tether in general? Like, because they are the the kings of stablecoin at the moment, but maybe that will change. And then two, generally, you buy something with your crypto, it's considered a taxable event. Like, is that... Is a stablecoin usage still a tax..…
0:32:00 Dave @DCBK2LA: Yeah. So here's what here's what I'll say, and then I... I'd love to kinda pass it around to these guys. But when... What what the genius act is meant to do is put a framework in place for stablecoin issuance and regulation. Right? The tax stuff, not this. Something completely separate. I even know what the name of that one. I think Landy has spoken about it a few times, but that is completely in... Like, totally…
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