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0 sats \ 0 replies \ @Solomonsatoshi OP 22 May \ parent \ on: Will you be happy if Bitcoin rises upon the decline of the USD? bitcoin
In practice the tax obligations and implications make lawful MoE use of Bitcoin/LN for everyday payments effectively impractical.
Does anyone zapping on here comply with the absurd compliance implications of those zaps? Unless they are from El Salvador I very much doubt it.
'The united states adopting bitcoin as an alternative to the dying dollar (which is dying, slowly of course but it is)'
I see what you mean in terms of US adopting Bitcoin as an investment asset/speculative commodity - as a hedge against the decline of the USD - and yes in that sense Bitcoin adoption is advancing (as my post argues and with the possible consequences as well) - but with that US adoption of BTC as an alternative to traditional fiat bonds, I also suggest MoE use is at risk of getting sacrificed along the way.
'Bitcoin is only 16 years old.'
True!- amazing really- its still early days, but the changes Bitcoin has made already are incredible. I just hope we continue to make such incredible progress and do not get captured and controlled by the bankers/governments.