I'd love to use Bitcoin more in my daily life and biz. Problem is you pay cap gains taxes when you offramp to fiat. Bookkeeping and accounting become (more) nightmarish.
Discussion
I’m no tax expert in any jurisdiction, but I think that’s why it’s ideal to have it as a currency where you can buy stuff directly with it. Just the same way you don’t pay capital gains taxes on euros when you use them to buy things in euros 🧐
(But then again, you’d never have any captial “gains” by holding fiat 😂)