But for real for real, most people will not spend Bitcoin on small purchases until capital gains tax ends. I know a lot of hardcore Bitcoiners will spend it no matter what but I think those guys are mostly all in so they sort of have to. But if an average Bitcoiner wants to buy coffee for $6 and they have some fiat. Why would they pay $6 plus 15% capital gains tax and go through the headache of filing? I believe that’s how most bitcoiners look at it. And most of them buy KYC bitcoin so it’s easy to track it.
Imo capital gains tax is why people don’t use gold as money either. It’s not viewed as money because of its status as an investment asset.
MAHDOOD /
npub1gh…eygat
2025-05-16 15:32:43
in reply to nevent1q…expa
Author Public Key
npub1ghcetnluhryhynhuyj8s2pazldjm27wl40nu6dfeskvpv09twcnsneygatPublished at
2025-05-16 15:32:43Event JSON
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