I enjoyed the line about tax obligations
Discussion
I did too. I've been enjoying all the hand wringing various people are doing about this. I gotta ask how many people are actually going to give one single shit about telling the IRS that they bought a burger with bitcoin? Especially when purchased with a fully self custodial LN wallet.
I think the whole thing is way overblown. Now If I bought a car with bitcoin that's another thing altogether but a burger? GTFOH.
That is what will happen—unenforceable laws usually conform to the will of the public.
self custodial p2p kyc-free magic internet money sent and settled at the speed of information. private fast and secure. why do shitcoins even exist
