Replying to Avatar cyberneticBitMaxi

I think once the US fixes the tax code around Bitcoin purchases, I would consider living on the Bitcoin standard. But it’s not worth the tax bill each year right now.

If they had no capital gains taxes under $600 purchases, I would then consider using Strike Bill pay or something like it
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TheYOLOSpirit 4mo ago 💬 1

Have you considered trying to learn how to use Bitcoin anonymously or you will wait for the gov permission? You risk to wait a long time for the latter. I doubt the Gov will accept this unless it becomes obvious that every one is avoiding the tax.

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cyberneticBitMaxi 4mo ago

I agree with you on using it anonymously. However I do think we’re closer to a de-minimus tax exemption than most would think. A $600 De-Minimus tax exemption alone would make me a happy camper considering I use Strike and they offer Bill Pay. We’ll see what happens!