Help make bitcoin everyday money.

Email your representative to eliminate capital gains on bitcoin payments under $600.

Hi [Title] [Last Name], Using bitcoin to pay for goods and services shouldn’t trigger capital gains. I urge you to support legislation that would establish a de minimis tax exemption for bitcoin payments up to $600 per transaction. We want bitcoin to work like money, not taxed like a stock every time it’s spent. A de minimis exemption would simplify reporting, encourage innovation in payments, and align tax policy with real world utility. Bitcoin adoption is growing, as is its acceptance in the local economy. Around 50 million Americans currently own bitcoin, and around 30 million Americans run small businesses. It’s time for policy to catch up to innovation in payments and to reduce existing friction in mainstream adoption. Bitcoin is unique in its purpose. As a decentralized digital currency, it functions not only as a store of value, but also as a medium of exchange. As an elected representative, you have the opportunity to recognize this dual utility by supporting a reasonable exemption that treats payments as just that - payments. Using digital currency to pay for personal items shouldn’t be a reportable line item to the IRS. Everyday payments should be treated like everyday money. Removing this existing tax barrier on digital currency payments would also encourage spending and boost economic activity, injecting new capital into the economy that would otherwise remain dormant. In this economy, $600 is reasonable to capture most everyday payments - including things like dinner and groceries. It’s important to note that any de minimis bill should also include an adjustment for inflation to ensure this policy remains useful in the future. Thank you for your support in advancing modern, pro-innovation tax policy in the United States. [First Last] [City, State]

Once you find your Rep., click Contact. Copy & paste this message.

Why this matters

Under current rules, every bitcoin payment is taxed as if you were selling stock. A de minimis exemption would fix that, treating payments like money, not an investment.

We need Congress to simplify tax reporting, reduce friction in payments, and make it practical to actually use bitcoin as everyday money.

Why bitcoin?

Bitcoin is the world's first decentralized digital currency, designed to be a peer-to-peer electronic cash system.
Like money, bitcoin has utility as not only a store of value – but also a medium of exchange.
It’s the most secure, decentralized, and widely adopted digital currency.
It’s borderless, scarce, divisible, durable, portable, interchangeable, verifiable, and independent.
Anyone with an internet connection can use it, providing financial access without intermediaries.
It’s the most time-tested and decentralized monetary network, offering fairness through participation and scarcity through design.

FAQ

It means bitcoin payments under a certain threshold, such as $600, would not trigger capital-gains tax. It recognizes the dual utility of bitcoin as not only an investment, but also a medium of exchange. It treats bitcoin purchases for goods and services like everyday spending.
It reflects many real-world everyday purchases like coffee, meals, rides, gas, groceries, and keeps the threshold meaningful but manageable. De minimis thresholds should also be adjusted to inflation, to ensure they remain meaningful in the future.
Everyday taxpayers who want to pay with bitcoin. Less paperwork, fewer tax barriers, and more financial privacy. Using bitcoin to pay for items such as a cup of coffee shouldn't be a reportable line item to the IRS. It also reduces friction in mainstream adoption of bitcoin as a seamless method of payment.
No. This is not a change to investment tax rules broadly or sales tax. It's a narrow exemption for everyday bitcoin payments for goods and services.
Yes, this initiative focuses on bitcoin. Bitcoin is at an inflection point, evolving from a store of value to everyday money. After seventeen years of proof, the opportunity now lies in utility, not speculation – and no company is better positioned than Block to lead that shift. The goal is to establish suitable tax treatment for Bitcoin, a digital commodity with payment utility, when used to purchase goods and services.
Yes, payments usability and the modernization of tax law has drawn interest and support from both sides of the aisle.
1. Find your federally elected representatives
2. Share the statement on social and tag your reps
3. Encourage others to join and amplify
Each voice sends real momentum to policymakers.
Absolutely. Policymakers track volumes, constituent outreach, and social sentiment. A well-timed, targeted message helps them justify support and show their community is engaged!