I see your Friday! And I raise you a Red Dress! 🤣
Leftfield - Leftism, the whole album from beginning to end! 😎
There are very few dumb questions, but there are very many dumb people who never ask questions 😅
Thanks for reaffirming what I have heard 👌🏼
If you saw or jumped in on this conversation, I would like to highlight that this was only a train of thought! I do not recommend for anyone gambling OR trusting third parties with any meanful amount of bitcoin!
Stay humble and stack sats brothers and sisters, let's hope we get some user friendly whirlpool style tech in the near future!
#FreeSamurai #Bitcoin #privacy
Hmmm... yes I guess you're right (jurisdiction depending)
Yes, trusted third parties are definitely not the way and I definitely wouldn't recommend anyone to try this theory I've presented.
It was more of a thought experement than a serious consideration.
Yes, that is my thoughts also 😅
Yeah... it gets complex if you want to off ramp, let's just hope for mass adoption and no need for offramping! 😅
Yes, good digital opsec is certainly a requirement of such an attempt.
Not all heroes wear capes 😎
Reminds me of the German nurse who injected people with Saline instead of the Corona vaccine! 😅
But if the entire gambling process was in Bitcoin. A fully bitcoin casino, no exchanging for fiat, full btc accounting.
So it's just a deposit and a loss in the given example?
But going forward, the withdrawn funds would be pseudonymised right?
It's a thing of beauty right!? 😍 I just wish it ran smooth on my phone 😆 seems as though it's too resource intensive 🤷🏻♂️ which I feel is a bit odd considering my phone was flagship level 5 years ago 🤔 phones haven't come THAT far in past five years 😅
I have two completely seperate, totally unrelated questions.
1. If I deposit all my bitcoin into a non-kyc casino and lose it all gambling, I wouldn't ever pay any unrealised gains tax if such a tax appeared in the future right? I mean... I'm at a loss.
2. If I withdraw bitcoin from a non-kyc casino to a newly generated wallet, I am now in posession of KYC-free, completely pseudonymous untraceable bitcoin, right?
Is my train of thought on the rails here?
#asknostr #bitcoin
Fun thought which is not likely to take off any time soon 😅
If you are a service providing entrepreneur who needs to wait on people or other businesses paying you (e.g. self employed electrician or similar) start contracting your services in a sats standard at a discount compared to fiat, you will eliminate the delayed payments as Bitcoin rises, or else the later they pay you, the more fiat "value" you will receive 😂 I guess this only works in a bull market though
GM my fellow freaks and geeks! 🤗🌞
