Nostr Web Client

I agree it's optimal to have people clean their stack before saving/spending and needs to be encouraged to keep things moving but in the fullness of time exchanges won't be a big deal anyway as most bitcoin will be exchanged between people for goods/services instead of for or from fiat and best of luck to them trying to track all of that

Mr⚡2MB 🐇🏴‍☠️ 2y ago

In my opinion, and I could be wrong, but I think our (bitcoin) situation is going to get much worse before it gets better.

And again, in my opinion, the ones who submit to KYC will be the first on the chopping block.

You see, what most of these blind people don't realize is if the authorities know about their stack, there's no way they can prove to the authorities that they lost, sold, or given away their stash. This means they will always have to pay taxes on them regardless of whether they sold or not.

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Discussion

Matt 2y ago

There's definitely going to be issues. They won't go down without a fight and by fight, of course, I mean taking every chance to rob is blind of our time and/or our stacks. Gotta keep promoting best practices.