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Never called you dumb, just said youn didn't fully understand bitcoin, nothing to be ashamed at. Everyone starts there.
The point of bitcoin is to separate money and state.
When you opt-in bitcoin, you opt-out of fiat. You are choosing the money you want to use while forfeiting money you are forced to use. That money comes with its own rules, different from the rules of the state.
If you are ok with paying taxes for just holding money, be my guest. Free sovereign individuals do not comply nor fear violent bullies.
You can also sell your sats p2p in which case you just get money from randos. The IRS does not have the resources to track that unless you sell a big amount at once.
I have to push back and say that you are the one who don't understand. Those are very pretty words, and sure, an energy based monetary system it's a requirement of any modern society.
The thing is that we are not there, like it or not, we are living in today. Maybe you are trading a few bucks for Bitcoin and feel very good with yourself, but let's be honest, if you have to purchase $100,000 of Bitcoin, will you go the Peer to Peer route?
Why would I purchase 100k of bitcoin?
Stacking sats means accumulating gradually as you go. Not trading your entire net worth at once.
Nothing of what I said has anything to do with the world yesterday, today or tomorrow. Nor with some sort of utopia.
You can buy and sell bitcoin right now peer to peer. Many bitcoiners do it every day without issue. It's not hypothetical, it's real.
You were taking about the separation of Money and State, that's a must, but is not here yet.
I think it's important for everyone to understand what are the legal implications of selling $100K of Bitcoin in case you need to do a down payment for a house for example. And in that case would you do it peer to peer? It's even possible buy or sell 100k or more peer to peer or even a smart decision?
You can absolutely sell 100k in bitcoin p2p, it's just more work and requires more patience.
Freedom comes at a cost.
Looks like you are a very young person and never had to pay taxes, buy a house or purchase fairly big amounts of Bitcoin. Good luck in all your endeavors. Thanks for the conversation
Looks like you don't know what you are talking about and just decided to make stuff up.
I'm pretty sure I've paid more in taxes than you, percentatewise as I live in a place with one of the most severe taxation schemes.
I've never had to make big buys or sells of bitcoin, that is true. But I'm not worried about it, I sleep well at night.
Just because you fear the tax man or want it convenient, doesn't mean that is the only way and that the sovereign way can't be done.
Everything truly good in life requires work. You want it easy, then you get what you've worked for.
Of course I fear the tax man. You are welcome to become a matir, you words have a lot of strength and power and they are beautiful, but you know you can go to jail for not paying your taxes right? You can tell the judge all about separation of state and money, and the importance of self sovereing but you will go in if the evaction is big enough.
Don't go the route you are smart and I dumb. We are all learning and Bitcoin is an evolving animal. Let's learn all together.
Right now, like it or not, legally Bitcoin is property and acts like that to the eyes of the IRS. For people who has all their wealth in BTC at this time, in case of a medical emergency, or a big down payment for example they might need to sell a big amount of BTC and like it or not, that's a taxable event. Without a trace or purchasing the IRS will considered you aquired your BTC at $0 and you would need to pay around 20% of the full amount of the sell. Do you ever thought about that?