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I'm not trying to be a jerk... I just want to get to the heart of the issue.

If Bitcoiners and Bitcoin companies persistently don't want to spend much (if any) of their bitcoin to help pay for large conferences--but crypto companies generally do--maybe there is a lesson to learned.

What is the value-for-value proposition?

I think that Bitcoiners and Bitcoin companies are probably better served by supporting new and improved Bitcoin infrastructure... as a genuine (and better) alternative to the existing fiat-based monetary and financial system.

Meanwhile, since proof of stake (PoS) crypto is simply an extension of the existing PoS fiat system, it is likely best served by marketing to the largest players, politicians, and honeypots within the existing fiat system.

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Coleman 7mo ago 💬 1

I think the biggest hindrance to bitcoiner's and bitcoin companies spending their bitcoin is the tax implications.

Most do not live on a bitcoin standard (I think nostr:nprofile1qqsvn0dkjt80raqrxd470c98n7zrdehmcvj6p5hgw3kyku6zyd8z0fqpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzrthwden5te0dehhxtnvdakquw0j5p does an amazing job at allowing bitcoiners to live on a bitcoin standard) and do not want to deal woth reporting or get caught not reporting.

The best thing for bitcoin adoption is not the SBR, it is favorable tax rules.

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Adam 7mo ago

I second the tax implications. Bitcoiners will say you shouldn't seek permission from the state to transact, but the IRS will certainly make an example of you if they can. Lightning definitely helps.