Replies (44)

Reserves will eventually go to zero if nobody accepts Bitcoin as a medium of exchange.
Benking's avatar
Benking 1 month ago
Yep, reserves are cool, but usability is king .
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 →
npub21's avatar
npub21 1 month ago
Now all that remains is for Bitcoiners to do their part and finally use Bitcoin as the cash system it was intended to be!
BTC21's avatar
BTC21 1 month ago
Merchants > Governments. Usage > Storage. Bitcoin grows from the ground up.
alphabet's avatar
alphabet 1 month ago
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
Sudo's avatar
Sudo 1 month ago
When Australia? Very cool news I agree! Individual power!
R's avatar
R 1 month ago
True. Citizens with private bitcoin reserves are the proper nation state reserves.
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Ben f 3 weeks 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