This one is shaping up to be an interesting angle for p2p BItcoin adoption in the US.
Trump's "Big Beautiful Bill" includes 5% tax on remittance payments of all non-residents (to pay for the wall).
According to Coincenter, non-custodial payments outside of the money transfer business are excluded.
Cc: nostr:nprofile1qqsd2s26xy7ns3sllyagc9c0jsdje49xdfw0mwcfxsrfvrmvkvtcf8cpzpmhxue69uhkummnw3ezuamfdejsz9nhwden5te0wfjkccte9ehx7um5wghxyctwvsq32amnwvaz7tm9v3jkutnwdaehgu3wd3skueq829drk, good talking point 👈
https://www.coincenter.org/what-the-proposed-5-remittance-tax-means-for-crypto-users/
Mark Camper
camper@nostrplebs.com
npub1klj9...t938
Bitcoin Pleb & Econ larper.
Paying bills with Product & UX.
Love for the tough mountain climbs and manual labor. Currently enrolled in a Blue collar bootcamp.
CZ/EN
Notes (3)
"Accretive immigration" should be a terminus technicus.
Can re-focus and settle so many debates.
Bitcoin-only ICOs inside a regulated US stock market while custodying all coin at Coinbase 🤌
Fiat 2.0
Ethereum is more decentralized than that.