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Replying to Avatar Guy Swann

Simply explaining to people that you live on a #Bitcoin standard causes them to stop and think. That I could both get paid, and then pay others in bitcoin and only use dollars when i need to pay fiat bills or work with other vendors/businesses, and immediately convert back to BTC otherwise.

Every time I have explained this to people following their inevitable, "Oh you trade bitcoin?" and I answer with "No I never trade, that's for people who want to lose money, I simply use Bitcoin as my money, I don't keep any value in dollars that I care about over the long term," — they are always surprised and it clearly shifts their view of what bitcoin is and how it works.

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Scott 1y ago

If you are US based, have you found an easy way of tracking the tax implications? This would be a nightmare.

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