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.

unboiled

People using Bitcoin by the millions day to day to buy things… 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 cheese… and the government will what, not care?

I don’t understand how we fix this issue and ‘just ignore it’ is not a solution.

AGORA

🏷️ Hey it’s Spending Sunday! What Have You Bought with Bitcoin this Week?

AG0RA

People using Bitcoin by the millions day to day to buy things… 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 cheese… and the government will what, not care?

I don’t understand how we fix this issue and ‘just ignore it’ is not a solution. 