what's preventing you today from living on a Bitcoin standard?
Discussion
Fear of the IRS and the complexity of Capital Gains taxes.
agreed! sounds like it's the case for a lot of people. I hope we can get the IRS to simplify or get rid of taxes and also companies to work on making it easier.
although you could have a simple tax return by doing everything on 1 platform and just file their doc like nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 does?
can't let the IRS get in the way of living on BTC 🫡
Understanding and confidence in best exchange practices and lack of broad understanding of the protocol's ability to subvert the legacy system. If I can't hide and I don't intimately understand the systems, store of value is the best I can do at the moment.
being monitored and paying even more taxes