Replies (26)

S!ayer's avatar
S!ayer 3 months ago
Stored potential energy of the cosmos - Michael Saylor
Jordan S's avatar
Jordan S Jordan@nostr.land 3 months ago
For Bills
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Strike
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Cake Pay
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Bitrefill
Buy Gift Cards & Top Up Airtime with Bitcoin or Crypto
Bitrefill (United States) - Shop for Gift Cards, eSIMs, and Mobile Recharges with BTC, ETH, USDT, USDC, and more. Pay online with crypto in over 18...
 In Switzerland you can use cakewallet to buy groceries from Spar grocery stores. Right now Bitcoin is at its most spendable phase in human history, of course there's still room to grow. Just less than 5 years ago it was impossible to spend Bitcoin, and other cryptos, nowadays the hassle has been drastically reduced, you can spend Bitcoin at a notable percent of places.
1 replies ↓
BTC-Satan's avatar
BTC-Satan 3 months ago
In the USA I deal with capital gains taxes .... did Satoshi consider that ? Need that $600 deminimus legislation to go thru. Then I'll happily spend $599 to help things out.
1 replies ↓
Jordan S's avatar
Jordan S Jordan@nostr.land 3 months ago
I also live in The USA. I try my best to live off of Bitcoin, and Crypto as much as possible. But I do agree that the regulations make it difficult for law abiding citizens to embrace freedom but for me personally I don't care because Bitcoin is supposed to free individuals to engage in the transactions they want. When people buy weed they don't ask for permission, they just buy it, and light up. I view Bitcoin as the same as marijuana, that people spend so much of it that enforcing against its usage is impossible, that it's just easier to decriminalize/legalize than crack down, and enforce.
1 replies ↓
BTC-Satan's avatar
BTC-Satan 3 months ago
Weed is legal in my state .. but that's not my kink. I fear jail. Tax evasion is whole 'nuther order of magnitude. Exchanges now report 100% to the IRS how much was purchased. All the Bitcoin I've ever sold has been at a loss or break even and I'll keep it that way because tracking costs is exceedingly complicated. Hell , at this point I'll probably sell some Bitcoin just to load up my tax return with a little action. I know they know that I buy Bitcoin. Same way with my guns .. in my State .. they know EVERYTHING.
3 replies ↓
Anhern Sarsalor [IQ: 102]'s avatar
Anhern Sarsalor [IQ: 102] _@animestr.xyz 3 months ago
You can use free (libre) exchanges and still pay taxes. RoboSats and Bisq are great and they don't KYC. Even if you pay taxes (which no one here is telling you not to) it's not a good idea to KYC nor have custodial Bitcoin unless you have to
Jordan S's avatar
Jordan S Jordan@nostr.land 3 months ago
You can buy, and sell Bitcoin without Kyc on platforms like Bisq, Robosats, Vexl, etc. for cash, and also from some vending machines with a burner #. Bitcoin is about freeing the individual from the state's control. If you want to report then report, if not then live free. Personally, I pay my taxes on fiat but crypto is my money.
Find KYC-free Services | KYCnot.me
Find services that don
plebiANON's avatar
plebiANON plebianon@nostrplebs.com 3 months ago
If you pay for goods and services in Bitcoin, you never sold anything. If your complaint is being scared of the IRS just say so. There are so many places to pay for goods and services with Bitcoin. Your original complaint was a total canard.
Jordan S's avatar
Jordan S Jordan@nostr.land 3 months ago
It "can" be but personally, I don't recognize the other use cases. But that's alright people don't have to agree with me. I see Bitcoin as a Layer 1 P2P Electronic Cash system, if others want to make "Bitcoin" into something else so be it but as far as I'm concerned I will personally recognize the Bitcoin version which best accomplishes the goal, function, and task of Self-Sovereign P2P electronic cash. If others want to use it as a speculative asset, or "digital gold", or as data storage, or some other utility that's their right to do so.
Liberty NH 's avatar
Liberty NH 3 months ago
Have you heard of Bitrefill? It allows you to spend it most places. Also have you heard of inflation? It generally costs more than 1% to hold dollars.
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