Bitcoiners should be concerned about important things such as:
- Why Bitcoin is not yet seen as a store of value.
- Why Bitcoin is hardly ever used for payments.
And no, it's not because of quantum ...
I think KYC is impeding a lot of payment use cases, since in many (all?) jurisdictions one has to pay capital gains tax for selling Bitcoin.
Plus I'm not sure how things work on the merchant side of things. What new processes/problems do merchants have to go through in order to accept sats from a legal/fiscal point if view?
Plus I'm not sure how things work on the merchant side of things. What new processes/problems do merchants have to go through in order to accept sats from a legal/fiscal point if view?