Replying to Avatar Cyph3rp9nk

Why do I insist so much on Bitcoin markets for exchanging goods and services? It's very simple.

If we only use Bitcoin for Hodl (Saylor narrative) and goods and services are not offered for Bitcoin, you are forced to sell Bitcoin for Fiat to obtain goods and services, favoring the fiat system and having to pay taxes on the sale of Bitcoin. In this case, Bitcoin is harmless to the state; it is no more dangerous than a stock.

But if you can buy goods and services with Bitcoin, this changes everything. You don't use Fiat, you take volume away from the Fiat system, and the state has no control over what you have purchased because there are no bank accounts, making it extremely difficult to collect taxes.
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Derric Verayo 5d ago

🧐🍷

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