RE: LeoThread 2025-04-21 08:42
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It's not just about income taxes, it's about the fact that I want to be able to purchase something from a person or business and it just be between me and them and not me, them, and any random anon that has nothing better to do than to track blockchain activities.
The problem with the whole 'digital gold' narrative is that it goes against the original purpose of Bitcoin's creation. I miss the days when 1 BTC was 1 BTC. Now it's more like 1 BTC is 88K dollars, lol. Not the way it was supposed to be. Just saying.
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If there were people to purchase things from in crypto I'd do it. I don't live in a part of the world where that's a thing, and I'm not moving anytime soon. We will try to raise some awareness through selling out hats and language lessons in crypto. Hopefully it'll become more normal here too.
I agree, but if 1 BTC can become a retirement fund in 8 years, I'll hold onto it, because I don't think anything else will offer the same reliability over that period of time!! When it comes to commerce, I'll happily use other tokens.
I get it. And that's the thing about all this, we don't have to agree or use the same things. The way I see it, my kids and some family members have BTC, so that works for me, at least I know they have some. I have land and other assets that are already my retirement, and again, I am playing the IBIT play in the family fund, so I am riding the appreciation it that way while making money selling those options contracts on it.