Someone like Taylor Swift becoming a bitcoin maxi: only contracting in bitcoin, charging bitcoin for concerts and merch, and publicly endorsing it as a world saving revolution.
I would have taken the boring answer, if you hadn't already.
A think a bitcoin hub in every major city would dramatically accelerate adoption, I have seen it first hand in Austin in just 5 years with PlebLab. Like most tech revolutions, localized activated communities help spread knowledge, trust, and practical use cases faster than online alone. Bitcoin requires both.
Treat it as money. Stop the tax when it’s mined stop the capital gain tax when people spend it. I think a lot more suppliers would accept it for payment
When they run out of cheap fiat they will beg bitcoiners to spend some of their wealth. They will earn enough with the normal taxes when people spend. Taxing money (bitcoin) is contraproductive. It will scare away the money and it will go to another place.
i think the catapult comes from the next generation coming of age and growing up with bitcoin from a different perspective that the boomer fud bollocks we've been hearing for like a decade
My guess is that it's already happening at an almost correct pace. Every now and then you see merchant adoption which definitely brings adoption. If catapult Bitcoin adoption means like the adoption of it as currency, it l'll require a complete shift in the logistics of money. Bitcoin needs to be accepted from the production level to the merchants.
The collapse of the USD? ~$7T USTs need to be rolled over before Christmas - if the interest rate the market demands is significantly higher then the US government inches closer to insolvency- where the increasing cost of servicing your already massive debt load triggers a runaway reduction in investors prepared to put their capital at risk. In such a scenario the FED could step in and buy USTs but this again could still trigger panic in UST holders and a sell off that would be an effective run on the USD.
If government did that, how would they earn a profit on your forward thinking or hard work? I am skeptical about all the governments making a bitcoin reserve.
I think if all the paying terminals will accept bitcoin and google pay / apple pay will integrate the lightning wallet option
So simply top up your sats balance and then use it as you use apple pay / google pay wallet
In this case there will be no UI change for normies and they will just use bitcoin as money
P.s If by adoption you meant usage, in your example the no capital gains thing will catapult the bitcoin price in fiat, but not the actual usage adoption
Little extreme case here, but if government begins seizing property or cash, forcing CBDC like crap in the name of preventing future crimes, people may come to appreciate the value of self-sovereignty and turn to BTC as a truly tangible asset they can own.
GTA6 bitcoin lightning payments. With a story inside the game explaining how it works. You meet a hacker who connects your in game caracter with the real world via lightning and ecash. Playing games evolved and you can learn a lot with video games today.
De minimus exceptions to capital gains, KYC, AML, OFAC, etc.
Forget de minimus! It shouldn’t be taxed at all
Interesting take. Removing capital gains would definitely help.
But I think what would instantly catapult adoption is a "real pain point" event — like:
Mass bank freeze or currency devaluation
Global censorship of payments
Or a major tech company fully adopting Bitcoin (not just holding it)
Pain or massive utility > incentives, in my opinion.
Someone like Taylor Swift becoming a bitcoin maxi: only contracting in bitcoin, charging bitcoin for concerts and merch, and publicly endorsing it as a world saving revolution.
I would have taken the boring answer, if you hadn't already.
That would actually probably do it faster than my answer.
My shittier answer was if the US government went on a bitcoin standard, requiring taxes to be paid in bitcoin and only making its payments in bitcoin.
That would definitely do it.
Although I don't think that option is that far away, the Bitcoin reserve is something that is already present.
The bitcoin reserve doesn't really move the adoption needle much, because it doesn't get anyone using bitcoin.
If apple only sold iphones for bitcoin.
We keep thinking something bad needs to happen for people to want bitcoin. What if something great would only be available for bitcoin?
A think a bitcoin hub in every major city would dramatically accelerate adoption, I have seen it first hand in Austin in just 5 years with PlebLab. Like most tech revolutions, localized activated communities help spread knowledge, trust, and practical use cases faster than online alone. Bitcoin requires both.
Treat it as money. Stop the tax when it’s mined stop the capital gain tax when people spend it. I think a lot more suppliers would accept it for payment
When they run out of cheap fiat they will beg bitcoiners to spend some of their wealth. They will earn enough with the normal taxes when people spend. Taxing money (bitcoin) is contraproductive. It will scare away the money and it will go to another place.
Possibly but that can take decades
If a few more burger chains accepted it
certainly
i think the catapult comes from the next generation coming of age and growing up with bitcoin from a different perspective that the boomer fud bollocks we've been hearing for like a decade
Apple integrating a bitcoin wallet directly into iOS.
My guess is that it's already happening at an almost correct pace. Every now and then you see merchant adoption which definitely brings adoption. If catapult Bitcoin adoption means like the adoption of it as currency, it l'll require a complete shift in the logistics of money. Bitcoin needs to be accepted from the production level to the merchants.
If we see a sustained period of S&P and USTs down but bitcoin up I could imagine there would be some fomo
If global brands like McDonald’s and Apple and Starbucks accept it as a mode of payment
The collapse of the USD?
~$7T USTs need to be rolled over before Christmas - if the interest rate the market demands is significantly higher then the US government inches closer to insolvency- where the increasing cost of servicing your already massive debt load triggers a runaway reduction in investors prepared to put their capital at risk.
In such a scenario the FED could step in and buy USTs but this again could still trigger panic in UST holders and a sell off that would be an effective run on the USD.
If government did that, how would they earn a profit on your forward thinking or hard work?
I am skeptical about all the governments making a bitcoin reserve.
I think if all the paying terminals will accept bitcoin and google pay / apple pay will integrate the lightning wallet option
So simply top up your sats balance and then use it as you use apple pay / google pay wallet
In this case there will be no UI change for normies and they will just use bitcoin as money
P.s If by adoption you meant usage, in your example the no capital gains thing will catapult the bitcoin price in fiat, but not the actual usage adoption
A realization of hyperinflation should do it.
It's a good question, for me the fall of the fucking Fiat system would be the answer to your question, although I highly doubt it will happen.
large online and or national retailer adoption. Amazon, Walmart, or some such.
$1,000,000 per BTC which is why I think that buying and hodling is still the best way to orange pill
More crypto sensitization events and kiniko kiniko
Mmetụta mmetụta uche... Chefuo maka aka adịghị ike... naanị nghọta
ndi Ọrịa uche ebe nile
The entire works of Darthcoin are broadcast subliminally across the globe.
Little extreme case here, but if government begins seizing property or cash, forcing CBDC like crap in the name of preventing future crimes, people may come to appreciate the value of self-sovereignty and turn to BTC as a truly tangible asset they can own.
GTA6 bitcoin lightning payments.
With a story inside the game explaining how it works.
You meet a hacker who connects your in game caracter with the real world via lightning and ecash.
Playing games evolved and you can learn a lot with video games today.
ya, I agree. Removing cap gains would be huge
Banking system collapse while bitcoin continued pumping out blocks
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