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Pierre Rochard, CEO at The Bitcoin Bond Company, criticized current bitcoin policies, calling them "horrible" and urging lawmakers to take the opposite approach. He suggested that bitcoin should be made tax exempt to encourage adoption and innovation.
Rochard previously argued that Bitcoin is deeply undervalued following over 500 days of financial changes in the U.S., predicting the potential for a strong bull market in a recent analysis. He has also raised concerns about the credibility of advocating for Bitcoin while endorsing traditional finance, as described in a separate commentary. His recent comments add to an ongoing series of critiques regarding current approaches to bitcoin policy and adoption.