Quote from: bad23 on February 26, 2025, 06:20:30 PM

I see BTC being used around the world at an exponential rate. I look at how some companies grew over the years and how they expanded at a rate that was never dreamed of back in the 1980's. Walmart, Mcdonalds, as an example. My point is this, people that think $100,000 BTC is high now is like when Walmart was trading for .20 cents in 1980, and now they have stores all over the world. The potential for massive growth is possible when only 0.2% of the population use crypto now.

bitcoin literally just need one simple trigger to go sky rocket in term of price, i'm calling strategic bitcoin reserve by the US that will be followed by other countries and then you'll see a massive growth that you've never seen before.
people are starting to see digital payment as the norm, right now they are using traditional finance but soon they'll realize they need something like bitcoin.

Quote from: wheelz1200 on February 27, 2025, 11:48:27 PM

Quote from: bad23 on February 26, 2025, 06:20:30 PM

I see BTC being used around the world at an exponential rate. I look at how some companies grew over the years and how they expanded at a rate that was never dreamed of back in the 1980's. Walmart, Mcdonalds, as an example. My point is this, people that think $100,000 BTC is high now is like when Walmart was trading for .20 cents in 1980, and now they have stores all over the world. The potential for massive growth is possible when only 0.2% of the population use crypto now.

Yep agreed. They need to still male it more user friendly amd in my head even more important they need to clear the tax implecations for each transaction. As it stands today using crypto in the US trips a tax event. So if you buy a cup of coffee with bitcoin you need to figure the cost basis of the bitcoin and report any increase in value and pay taxes on that. If the US undoes that requirement we will get closer to being able to use it everyday.

I think overitme people will utilize AI for this kind of tax reporting especially for complicated thing like tax for crypto reporting, yes I agree, tax still the implication, but moving forward, I think there will be introduction of agentic AI that specializes in tax to the citizen that will help dealing with something like this.