I’m not suggesting its a financial disadvantage. I’m suggesting that the fact it is treated as a taxable event, puts new or potential bitcoiners off transacting in it. Because it’s not the streamline they’re used to with fiat, and depending on your timescale, holding btc is the attractive alternative.
Theres a personal use asset loophole in Australia for transactions under $10k (but with a short time limit), there’s circular economies, lightning settlements, there’s nostr zaps.. all of it works in favour of btc.
But there are tax implications and a lot of new learning hurdles for someone who doesn’t yet even know how their bank works (I’d argue the majority of bank customers).. so it makes it hard to incentivise people, when they feel overwhelmed or confused by it.