Once companies start buying bitcoin, it is reasonable to assume that they would also accept payments in bitcoin and offer to pay employees in bitcoin.
In other words, the drivers of the economy will no longer have to use the fiat system.
Discussion
Issue is capital gains tax reporting payment and collection.
The government can make the use of bitcoin as currency or money, nearly impossible if they choose via regulations most people don’t care about bitcoin and would never push their congressman or senators .
The grassroots effort has to start by getting legislation in place to allow bitcoin to be used capital gains tax free and with minimal reporting
currently, bitcoin is just an asset. All BE it an asset with a slightly lower cost of carry than real estate or stocks. But same capital gains complications
#BTC #HODL
It’ll be interesting to see how all this plays out as bitcoiners become more prominent in the political space.