You may have to go over the concepts a bit more (and slowly) for us once more, this sounds very interesting and I’d like to know a bit more.
Discussion
Hi Catty, just the wild ramblings of a tired mind.
But here's a specific scenario I had in mind.
I sell widgets and the price of 1 widget is $10/USD.
However, I have a 20% discount code for customers that are buying my widget in #BTC. So the net cost for these customers to buy my widget is $8/USD paid and settled in BTC.
So, the fiat tax in this scenario is 20%. Folks who buy my widgets in fiat (the first group) are essentially paying more for my widgets then group number 2 whom are paying in BTC.
Now, I assume this is already a thing, but I don't know. Just the wild musings of a tired mind, which I was last night when I posted this note.
Ah ok I am on your page now. Yes that is a distinct possibility out there, and something worth looking at. Perhaps that’s the best way forward with adoption, people love a bargain and if it serves our purposes (adoption) we all win.
Precisely. Thinking of it as turbo charging a #btc circular economy.