Why Nostr? What is Njump?
2025-04-05 16:11:38
in reply to

James Lewis on Nostr: It's a good question. The thing thats killing adoption in the US is tax on "capital ...

It's a good question. The thing thats killing adoption in the US is tax on "capital gains" when spending Bitcoin. The majority of US citizens don't want to pay tax on their Bitcoin while also not wanting to be on the government's bad side, and the only way they get both is is simply to not spend it. If capital gains on Bitcoin was to be eliminated, mass adoption would be right around the corner.
Author Public Key
npub1etrvvjyl6tllrhxakezj3rkxftkh3yv8m998fvlqpt87dtdngkzqhl3zeq