Just saw some explosive news—a formal proposal for the "Bitcoin Act" has been submitted to the US Congress, and the content is pretty intense.

Here are the key provisions:

• The federal government will establish a "national-level Bitcoin strategic reserve"
• Individuals and companies can pay taxes directly with BTC (no need to convert to USD first)
• For taxes paid with Bitcoin, capital gains tax is reduced to zero
• Holding officially recognized Bitcoin reserves comes with additional tax breaks

Sounds a bit unbelievable, right? This essentially elevates Bitcoin from "digital gold" to the level of a "quasi-national currency." Think about it—even tax payments can be made with it, which is more favorable than many fiat currencies.

Just look at the comparison: in Japan, crypto trading profits are taxed at 20% as personal income tax, and you have to convert your gains to yen for tax reporting—a very cumbersome process. If this US approach is implemented, it basically opens up a tax green channel for Bitcoin.

If this bill really passes, the US will become the first major economic power in history to officially incorporate Bitcoin into its national fiscal system. Wall Street is probably already crunching the numbers—BTC would not only be an investment asset but could also become a tool for corporate asset allocation and tax planning.

By 2026, US taxpayers might actually be able to pay taxes with sats from their wallets. If you had suggested this five years ago, people would have laughed it off. Now? It might really become reality.

The narrative around cryptocurrency just took another big step forward.