Nostr Web Client

That’s only a part of the equation though. Just because you spend, doesn’t mean you don’t replace. We need Bitcoin to be traded for goods and services for it to function as MOE.

If Bitcoin is your unit of account, and the sole monetary unit you hold, what else would you use? If we really want to opt out of fiat, why keep using it?

Bitcoin is better money, but only if we use it as money.

Jack Spirko 11mo ago

So you will make your taxes a nightmare to prove what? To accomplish what?

You'll pay fees too, for WHAT?

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Discussion

Filou 11mo ago

I don’t pay taxes and don’t pay fees other than channel open/close fees on my node.

Building the circular economy (permissionless, P2P, uncensorable) is just as important (if not more!) than simple NGU.

If we don’t *use* Bitcoin how can we ever expect it to truly succeed and make fiat obsolete?

Filou 11mo ago

Why would I pay taxes or fees for using Bitcoin as money? I am trading a currency for a good and/or service. It’s a simple trade between two parties with no middle man.