We are far ahead. Medium of Exchange is the adoption curve after Store of Value
Discussion
Exactly, Saylor has explained the 'Friction' on this a million times. The problem is, right now it is a taxable event. I mean, Saylor had to pay $40M because he couldn't prove he lived 180 days in two different places he owned inside America in one year.
You think he'll be 'zapping fat sats' when so many hate him and some jackass accountant to get his claim to fame will say Saylor owes .00000023 cents of Taxes and give it to the NYT for another lawsuit?
Also, that $7.75 cup of coffee you proudly took videos of buying 4 years ago in ES is now $28 but if you would have used one of the 160 shitty FIAT currencies that same amount would buy you about 1/4 of that same coffee.
Too early to spend, make the tax laws at least understandable?
I tried to do a deep dive on all the main issues here, no traction but it's actually good 'data' if you want to cut/paste stuff: https://bitcoinapolis.blogspot.com/
There are people outside of the US for whom this is all largely irrelevant.
Totally understand and that is where we need the most education on adoption. Americans are way ahead on SOV. We need the rest, especially Africa to get in now, BTC is way better than their currency and to me, one of my favorite "use cases" was for the unbanked and underbanked. And I love seeing people using Bitcoin on Flip phones with the Internet.