Quote from: o_e_l_e_o on Today at 10:40:20 AM

Quote from: _Miracle on November 03, 2021, 08:36:53 AM

It's interesting that anyone could think of introducing a "solution" like that into the bitcoin protocol? It wouldn't be bitcoin anymore.

Not only that, but the proposal doesn't actually solve the problem of people not spending their bitcoin - it only incentivizes people to move bitcoin around between their own addresses and clog up the network with unnecessary transactions.

Quote from: germsite on November 03, 2021, 09:52:31 PM

It might also change more towards Bitcoin being used a currency when there are more favorable tax laws all around the world.

Agreed. In the US, at least treat it the same as any other foreign currency in which there is no tax for any purchases under $200. Unfortunately our legislators don't understand the first thing about bitcoin or cryptocurrency.

Ok, that is quite good then already, but correct if I am wrong, that wasn't always the case was it? Has that regulation officially been applied to crypto recently? The European Union is much more complex in that regard.

Oh and the under $200 rule, is that nationwide or does it depend on the state?