When I talk to businesses in the US, sales and income tax is the issue with adoption. What’s the solution?
Nostr could just be the Layer One protocol for the #Bitcoin Standard marketplace/exchange.
Integrate services like nostr:npub16s47l3qakjc204n9weuzdptv3ewadgvasgz2gm4mus8ftp0ss9pqm4ux4x to boost small businesses with Sats back and encourage peer to peer marketplaces.
Connect your lightning wallet or even CashApp on the backend.
Uncensored & immutable hosting the Bitcoin circular economy on its relays👍
#BitcoinNostr
Discussion
Ultimately, the IRS needs to update the tax laws surrounding Bitcoin as they obviously don’t fit and just harm everyone involved.
Something like Robert F Kennedy Jr’s proposal to do away with Capital Gains tax on Bitcoin would be great too.
But in the short term, we need to figure out a way to leverage AI and Bitcoin tax keeping software to allow for ease of use and minimize time wasted on figuring out numbers to report to a pointless institution