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184 sats \ 4 replies \ @elvismercury 7h \ on: Square terminals to allow pay in $, receive in btc tomorrow bitcoin
I have complex thoughts that I have yet to fully articulate.
One I can articulate is that it's interesting that anyone who does this just ignores the capital gains reporting issue. This is clever, I think - the old strategy of turning everyone into "criminals" means they can't possibly persecute them all, which could set precedent for the de minimus exemption we've all heard about.
Of course, this depends on anyone actually using this option, which they will not, at any kind of scale, for years. But zero to one is hardest. It's the beginning of a real grounding for btc, which is exciting even in theory.
The fiat debt slavery bankers cartel owns the US government.
Has for many decades.
This will be stomped on before it gets any scale.
Remember Elon Musk offering to sell his Teslas for sats?- that got shut down very swiftly.
The fiat debt slavery bankers own the US government...and most other governments for that matter.
Good on Square for at least trying to get this up and running- but I believe it will be shut down if before it can truly give people freedom of choice that might threaten the fiat cartel.
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