BoltC on Nostr: Nostriches - I was speaking with awayuki and ken about pain points on accepting ...
Nostriches - I was speaking with
awayuki (npub1e4q…0p76) and
ken (npub1x5z…68fe) about pain points on accepting Bitcoin in Japan. Tax regulations are one of the primary concerns around using Bitcoin.
In awayuki's case, she is donating all of her bitcoin payments to
OpenSats (npub10pe…n34f) so she doesn't have to wrestle with taxes. While we are grateful for her contribution, it would be better to give her tools to allow her more options.
One option would be to automatically split payments to a personal wallet and a wallet for taxes. Is this currently possible in a simple way? A second option would be instant BTC to Yen conversion, similar to
jack mallers (npub1cn4…3vle) Strike - which isn't yet available in Japan.
Awayuki came to Nostr first without prior knowledge of Bitcoin. I love that we are attracting creators like her and anything we can do to make her experience with payments easier would be good for both the Nostr and Bitcoin ecosystems.
Published at
2023-11-03 04:26:43Event JSON
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"content": "Nostriches - I was speaking with nostr:npub1e4qg56wvd3ehegd8dm7rlgj8cm998myq0ah8e9t5zeqkg7t7s93q750p76 and nostr:npub1x5zmwk0swhdg86w4qdfs6v3cxcd3vq7z3c8wxzwe9qt5ape5zufs7a68fe about pain points on accepting Bitcoin in Japan. Tax regulations are one of the primary concerns around using Bitcoin.\n\nIn awayuki's case, she is donating all of her bitcoin payments to nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f so she doesn't have to wrestle with taxes. While we are grateful for her contribution, it would be better to give her tools to allow her more options.\n\nOne option would be to automatically split payments to a personal wallet and a wallet for taxes. Is this currently possible in a simple way? A second option would be instant BTC to Yen conversion, similar to nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle Strike - which isn't yet available in Japan.\n\nAwayuki came to Nostr first without prior knowledge of Bitcoin. I love that we are attracting creators like her and anything we can do to make her experience with payments easier would be good for both the Nostr and Bitcoin ecosystems.",
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