pull down to refresh
10 sats \ 1 reply \ @anon 14 Dec \ on: š·ļø Hey itās Spending Sunday! What Have You Bought with Bitcoin this Week? AGORA
People using Bitcoin by the millions day to day to buy thingsā¦ implies mass tax evasion even if Bitcoin is up or down 1% over a short time period.
How do we square this circle and get mass-adopted MoE while also doing it out in the open? Millions of people committing tax evasion while doing their grocery shopping for eggs and cheeseā¦ and the government will what, not care?
I donāt understand how we fix this issue and ājust ignore itā is not a solution.
Tax laws aren't the same everywhere.
Furthermore, it's not as hard to keep track of cap gains as people, many of whom are fiat-fanboi non-spenders, convince themselves it must be.
I've been keeping track for a few years now. And I spend on the regular. It takes me a few minutes per week.
I'm more than happy to embrace that friction to help btc evolve as money.
reply