supiter on Nostr: Capital gains in the US on #bitcoin is the only hurdle holding it back from everyone ...
Capital gains in the US on #bitcoin is the only hurdle holding it back from everyone using it as a medium of exchange. Paying taxes in #BTC, purchasing houses, cars, and any products priced over $10k makes sense first if #btc becomes legal tender. This is just a matter of time. LN will see increase in usage by 10x for coffee type of purchases. Scarcity of block space will mark fees at 100x of the current levels easily. Act accordingly and store #UTXO in 1mm stat chunks at minimum.
Published at
2024-12-13 18:00:21Event JSON
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"content": "Capital gains in the US on #bitcoin is the only hurdle holding it back from everyone using it as a medium of exchange. Paying taxes in #BTC, purchasing houses, cars, and any products priced over $10k makes sense first if #btc becomes legal tender. This is just a matter of time. LN will see increase in usage by 10x for coffee type of purchases. Scarcity of block space will mark fees at 100x of the current levels easily. Act accordingly and store #UTXO in 1mm stat chunks at minimum. ",
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