Yeah the rules to do it the "right way" officially are absolutely bonkers. There's no way you can spend btc anywhere other than a one-off, and track all this shit. I think there's no shot of anything other than SoV adoption so long as this is the case.
The only possibility I can realistically imagine is that so many important people develop large bags that they pivot tax policy to highly up-regulate sales tax or something. Seems unlikely, but I can't come up with another plausible scenario where you could use it as money.
Well, I guess a broader social collapse is also plausible, but at that point the lack of tax burden will be the least of our concerns.
Yeah the rules to do it the "right way" officially are absolutely bonkers. There's no way you can spend btc anywhere other than a one-off, and track all this shit. I think there's no shot of anything other than SoV adoption so long as this is the case.
The only possibility I can realistically imagine is that so many important people develop large bags that they pivot tax policy to highly up-regulate sales tax or something. Seems unlikely, but I can't come up with another plausible scenario where you could use it as money.
Well, I guess a broader social collapse is also plausible, but at that point the lack of tax burden will be the least of our concerns.