Replies (41)

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🍊 OrangeTips 2 months ago
Reserves will eventually go to zero if nobody accepts Bitcoin as a medium of exchange.
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Benking 2 months ago
Yep, reserves are cool, but usability is king .
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Deleted Account 2 months ago
100% agree with Lyn. The only way we win is bottom up. It has to explode as MOE before the asset gets geofenced by western tradfi. That is the state of play. View quoted note →
Using Bitcoin as money is way cooler than using Bitcoin as a financial instrument
Capital gains tax exemption for Bitcoin transactions needs to be legislated.
Stripe is fully KYC'd, Stripe will be reporting your bitcoin transactions to the government. This is not what bitcoin was supposed to be. This is not a win, it's a fail. You think the feds are allowing this because they're nice?
Education (for merchants) on bitcoin is way more interesting than infrastructure to facilitate merchant acceptance
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unknown 2 months ago
When Australia? Very cool news I agree! Individual power!
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R 2 months ago
True. Citizens with private bitcoin reserves are the proper nation state reserves.
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Ben f 2 months ago
They were already reporting your credit card txs to the government. Some merchants will realize this and set up non kyc payment channels It is also a win for the consumer because you are able to spend non-kyc Bitcoin directly