Damus
Peter Todd · 53w
https://www.smbc-comics.com/comic/announcement-2 SMBC comics parts ways with their ad provider, leaving them without any income. I really wish I could just pay with lightning to see content. Are the...
Globe99 profile picture
Yes, this can't come soon enough...

I think two things held it back : lightning network, which now Nostr is showing "existence proof" for working for micropayments.

Another factor might have been tax regulations; AFAIK it's still the case that technically, legally, and time you send crypto for anything you're supposed to report it on taxes. The receiving end (publication) would then have the same burden if they want to cash out into fiat. Who wants to have to report 1000's of $0.05 transactions each year?

Soooo I'm hoping the current Admin can at least address the 2nd point? Maybe that's a bit more important than the SBR?
2
Peter Todd · 53w
The tax problem is easy to solve for the sender: get some AML/KYC Bitcoin and just don't report it. For the receiver, it'd be regular income, so just sum it up and report it.