I’m in temporary accommodation for a few weeks, away from much of my work environment. In a moment of weakness BBC’s “Celebrity Race Across The World” caught my attention…
Starting location: Isla Mujeres
Second destination: El Zonte
Hidden #Bitcoin messages from Auntie Beeb? Who’da thunk it?
Scenario: I use #Strike to buy a coffee at a #Square terminal showing a #Bitcoin #Lightning QR code from my fiat reserves and the merchant elects to receive 100% in fiat.
Question: Is either party responsible for #BTC acquisition/disposal and the tax implications involved?
I just ordered a coffee and was asked by the (ahem, slightly older lady) for a name to call when it was ready. “Nakamoto” says I. A confused look followed by: Shall I just put down “Smith”? One day somebody will ask “Like Satoshi Nakamoto?” Just you wait and see.
nostr:nprofile1qqs0g0skapecw5fwzfzlhl3c2klyhkfepjwmte88gtd25nu8a4h09pgpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3samnwvaz7tmwdaehgu3wdd6kuemxw5kkwtnjd9cqd8gk2s is now unusable in area #gc. Spam every minute and block doesn’t seem to work. Any help would be much appreciated
I have a thought about the recent fall in dominance of #Bitcoin.
People see #BTC doing well, think it’s too late/expensive to get involved and incorrectly conclude the next wave of profit is to be made on altcoins.
Is there any research to back this up?
If/when #Bitcoin is adopted as the global reserve currency its key differentiator from fiat currencies will be the fixed supply. How is this different from Margaret Thatcher’s monetarism which sought to limit inflation by reducing the money supply and which, more to the point, ultimately failed rather badly?