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20 sats \ 0 replies \ @028559d218 12 Dec \ on: What bitcoin can't do (and can do) bitcoin_beginners
I believe that eventually, eventually... governments will remove 'capital gains' taxes on spending Bitcoin, at least for small transactions (to start with a few thousand $ worth a year).
This way, businesses and small start-ups can accept Bitcoin for goods and services without worrying about the tax headaches and hassle... driving the Bitcoin economy forward improving the education around Bitcoin which is the main thing Bitcoin needs imo.
'Hiding in the shadows' is not the answer. Instead, a political process, which I believe is what we are witnessing in the United States, to bring Bitcoin mainstream, to include spending and saving in Bitcoin openly is the future. Bitcoin cannot be stopped... and the companies businesses and governments that embrace it will outperform.
The United States has 2 choices: either 'get ahead' of this wave with preferential treatment for Bitcoin, to include greater transactional adoption, or watch other countries get ahead first.
It looks like the PTB are realizing that option # 1 is better... and so that is what is going on.