LogicallyMinded on Nostr: I like the announcements made by #RFK in regards to #Bitcoin but the one regarding ...
I like the announcements made by #RFK in regards to #Bitcoin but the one regarding the purchase of 4 million of #BTC for the strategic reserve fund leaves me perplexed? How would these bitcoins be acquired? With newly printed dollars? I’m not sure this would solve the problem it’s intended to fix. I’m also not sure that the process could be comparable to buying gold as this process is usually made through auctions with the Bank for International Settlements or the London Bullion Market Association. One way would be to allow to pay taxes in bitcoins. Offering a tax rebate could incentivize taxpayers to do so.
What do you think? Would you pay your taxes with BTC if you had an incentive to do so?
Published at
2024-07-31 16:01:25Event JSON
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"content": "I like the announcements made by #RFK in regards to #Bitcoin but the one regarding the purchase of 4 million of #BTC for the strategic reserve fund leaves me perplexed? How would these bitcoins be acquired? With newly printed dollars? I’m not sure this would solve the problem it’s intended to fix. I’m also not sure that the process could be comparable to buying gold as this process is usually made through auctions with the Bank for International Settlements or the London Bullion Market Association. One way would be to allow to pay taxes in bitcoins. Offering a tax rebate could incentivize taxpayers to do so. \n\nWhat do you think? Would you pay your taxes with BTC if you had an incentive to do so?",
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