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10 sats \ 5 replies \ @SwapMarket 20h \ on: Bitcoin Was Made For This: The Apex Of Apolitical (BM, Joakim Book) BooksAndArticles
Yeah, but the same Russian government prohibits p2p crypto payments inside the country.
Good luck stopping it.
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There is a significant difference between completely preventing something and largely obstructing it.
Even in 'the liberal democratic west' how many people use Bitcoin as a P2P payments protocol?
Fuck all.
Why?
because of the arbitrary designation of Bitcoin as a speculative commodity and the threat made to many businesses that accepting Bitcoin could result in loss of fiat banking access.
The fiat legacy operators have already largely succeeded in obstructing and undermining Bitcoins adoption as a P2P payments protocol....and they have done so without you even noticing. SLY!
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looked at over a long time period, instead of against a hypothetical, I find it pretty astonishing how far it has come, how often and how easy it is to take bitcoin payment and pay with btc
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And how easy is it to make Bitcoin payments without breaching tax reporting laws?
Do you file to your tax return every comment made on SN?
Sure we can use Bitcoin but mostly when using it as a payments protocol we are breaching tax laws.
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Where are you that you can easily and often use Bitcoin as a MoE??
Where I am and my impression is in the vast majority of locations globally Bitcoin is rarely used as a MoE...
Even people here on SN report they rarely use Bitcoin as a MoE (except on this site).
What I see is that use for MoE has been very successfully obstructed almost globally (with a few exceptions like ES and some parts of Switzerland etc) while use as a speculative commodity has been allowed and even encouraged resulting in ever growing mainly US institutional custody and ever less available even in theory, for MoE.
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