BitcoinMendocino
· 3w
Everyone in Bitcoin is telling you to hodl. Nobody is telling you to spend... 😬
Here's the problem with that: A currency nobody spends is not a currency, it's a museum exhibit.
Gold became irrele...
Yes, but.... This only works with De Minimis exemption.
Otherwise you're asking for people to record literally every transaction they make for tax purposes, which is both insanely complicated and dystopian.