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0 sats \ 0 replies \ @Solomonsatoshi 5 Jun \ parent \ on: Obvious question is Obvious: Where the hell is everyone??? bitcoin
But in nearly all developing countries Bitcoin MoE is explicitly outlawed and so those using it are doing so at risk.
It is estimated that 70% of humanity lives under an autocracy and nearly all autocracies prohibit Bitcoin use as a MoE.
Actually in the developed liberal democracies retailers can technically accept BTC payments without too much complexity and tax obligation implications if they use an application/provider that converts BTC sales to fiat immediately, but virtually all their customers are going to be breaking their tax recording and reporting obligations and so too few customers willing to take that risk prevents mass scale adoption.
The 'liberal democratic' states obstruction of MoE use is subtle and sly, but also very effective.