Quote from: Poker Player on Today at 04:01:50 AM

Quote from: stompix on December 14, 2023, 11:00:12 PM

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See, that's why I don't see it. Almost nobody pays with cash anymore and less and less, because they see it as a joke to go to the ATM to withdraw cash when they can pay with their mobile or smartwatch while sending a Whattsapp or looking at an Instagram notification. Only the few who are privacy conscious and don't want CBDCs shoved up our asses continue to pay mostly with cash. But there are fewer and fewer of us.

Depends a lot of where you look at, as I mentioned a lot of times, personal impressions lead to a a biased and really flawed view of the world.
If I were to judge it from my personal experience and that of friends and co workers, I would say the same, moreover why do we need cashiers as all of use self pay machines in superstores.

But!, if we look at our local shop owned by my family, nothing much has changed from:

Quote from: stompix on January 28, 2020, 03:50:13 PM

My family has kept s a small shop for out products (meat) because of the ambition of my father to still sell to the average joe customer and not only to a big reseller
Of course, since most of the customers in that small shop are elderly people who want to buy fresh products they deal obviously with cash, and here comes the shitload of problems.

I know the habit of all those customers, they get their pension on the 3rd or 5th, they go to the ATMs near the marketplace, they stand in line to get the cash, then go back home to leave the wad of cash and then with just a few bills they drop by our shop and paying cash.
The coffees shop next to ours has probably 5% payments in cash, we barely had 1-2% before covid.

Quote from: Poker Player on Today at 04:01:50 AM

If you buy Bitcoin and when you go to pay it has gone up 0.05% you will have to report that payment in an income tax return for capital gains tax, and it already implies having to install software that tracks all transactions because keeping track of all small payments yourself is not feasible.

Pretty simple to do it, you already have a machine that tracks your receipts as you're forced by law to do so.
At the end of the day when you have to do the balance the machine will simply spit out how much have you got in Bitcoin and how much that means in your accounting, so 0.1 BTC that you acquired at a cost of 4000 lets' say, you make a payment to your exchange worth that much just as how would deposit cash to your bank at the end of the day and that's it, it's really nothing fancy or complicated.
Think of it like a guy selling their coins in waves on Binance, you can get a statement at the end of the day with a click.

Trust me, comparing this to some stuff like an invalid IOSS VAT on a replaced warranty package from outside the EU that a company has shipped form a different country than the previous is, nothing! Nothing I tell you! Wink