Bitcoin payments held back by tax policy, not scaling tech: Crypto exec

The biggest obstacle to Bitcoin (BTC) being utilized arsenic a outgo method is taxation policy, not scaling exertion that reduces colony times and transaction costs, according to Pierre Rochard, a committee subordinate for Bitcoin treasury institution Strive. 

“Here’s a metaphor: the champion jock tin triumph against the worst jock 100% of the time, if the champion jock plays. It drops to 0% if helium doesn’t play and lets the anemic jock win,” Rochard said astir BTC’s existent deficiency of usage arsenic a method of payment.

Source: Pierre Rochard

In December 2025, the Bitcoin Policy Institute, a non-profit argumentation advocacy organization, sounded the alarm connected the lack of a de minimis taxation exemption for tiny Bitcoin transactions.

The deficiency of a de minimis taxation exemption means that each clip BTC is transferred to different enactment for payment, it is taxable to taxes, hindering its usage arsenic a medium of exchange.

US lawmakers are considering limiting the de minimis taxation exemption to overcollateralized dollar-pegged stablecoins, which are tokenized US dollars, backed 1:1 by fiat currency deposits oregon short-term authorities securities, which sparked backlash from Bitcoiners.  

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The Bitcoin assemblage reacts to the deficiency of de minimis exemptions for BTC

In July 2025, Wyoming Senator Cynthia Lummis, an state of the crypto industry, introduced a bill proposing a de minimis taxation exemption connected integer plus transactions of $300 oregon less.

The measure placed a $5,000 yearly bounds connected exemptions and besides included provisions to exempt cryptocurrencies utilized for charitable donations.

Senator Cynthia Lummis’ measure connection for crypto taxation exemptions. Source: Senator Cynthia Lummis

Lummis’ measure projected deferring income from staking crypto to unafraid proof-of-stake blockchain networks oregon income earned from mining proof-of-work cryptocurrencies until those assets were sold.

Jack Dorsey, the laminitis of payments institution Square, which integrated Bitcoin payments into its point-of-sale systems successful October, called for a taxation exemption connected tiny BTC transactions.

“We privation BTC to beryllium mundane wealth ASAP,” Dorsey said. Meanwhile, others similar Bitcoin advocator and co-founder of the Truth for the Commoner (TFTC) media outlet, Marty Bent, said the projected taxation exemption for stablecoins is “nonsensical.”

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