On the sender side, sure, I guess... But to me this sort of mirrors the debate between marijuana legalization vs decriminalization. Some people say "hey let's just decriminalize it, because *I'm* willing to take the risk scoring it..." But this is never going to hit mass adoption until average people have no "reasonable doubt" that the government isn't going to audit them for everyday spending with BTC.
On the receiver side, if they receive Sats, and they sell for Fiat, isn't that still a taxable event? Every single time? (IANAL and I get that you aren't either, but that's my understanding...)
Globe99
npub147…paq44
2025-03-09 21:02:00
in reply to nevent1q…t22z
Author Public Key
npub147fp2j606qpfysp38phhzvempt7ewsdqwm6uww9uycp6tdvavu0s5paq44Published at
2025-03-09 21:02:00Event JSON
{
"id": "03499621ce95344d894e88a939e364afa3f550ae3da21a774031c3c0517b60f6",
"pubkey": "af92154b4fd002924031386f71333b0afd9741a076f5c738bc2603a5b59d671f",
"created_at": 1741554120,
"kind": 1,
"tags": [
[
"p",
"ccaa58e37c99c85bc5e754028a718bd46485e5d3cb3345691ecab83c755d48cc",
"wss://news.utxo.one/",
"Peter Todd"
],
[
"e",
"ae8748c029220bef11704afb77a8e63b67084f4155b5c93700a611ed2ccc05d3",
"wss://atlas.nostr.land/",
"root"
],
[
"e",
"04bf5c2084d64ca3bfa7a2a76bf58b97299d7e98032de355e0ff82232778d155",
"",
"mention"
],
[
"e",
"837bb6d74ac82894744876a3893ccae22c1bd8d113d9d081439a575d603936a2",
"wss://invillage-outvillage.com/",
"reply",
"ccaa58e37c99c85bc5e754028a718bd46485e5d3cb3345691ecab83c755d48cc"
],
[
"client",
"Coracle",
"31990:97c70a44366a6535c145b333f973ea86dfdc2d7a99da618c40c64705ad98e322:1685968093690"
],
[
"nonce",
"7",
"5"
]
],
"content": "On the sender side, sure, I guess... But to me this sort of mirrors the debate between marijuana legalization vs decriminalization. Some people say \"hey let's just decriminalize it, because *I'm* willing to take the risk scoring it...\" But this is never going to hit mass adoption until average people have no \"reasonable doubt\" that the government isn't going to audit them for everyday spending with BTC.\n\nOn the receiver side, if they receive Sats, and they sell for Fiat, isn't that still a taxable event? Every single time? (IANAL and I get that you aren't either, but that's my understanding...)",
"sig": "3e694ac9d41c2a14d7a76206bd2b8a8026e961a09bcd57ba690b7654f029f98dec8c3d67f6e1faab0b2a6c478f94fd8ae79ce4a6b61abe00d3c980b53d1d6c63"
}