Thread

dafuq

Businesses won't adopt bitcoin as payment until someone makes the accounting super easy.

Taxes contradict the reason why btc was invented. A quickbooks to do taxing would not go well. But perhaps a daily, weekly, monthly, yearly budget planner any currency & then sats. People could add their expenses vs income, tax with option to lookup a state & city taxes to auto apply them in the planning. A lot of people don't know all their city & state taxes. I think that would be cool to lay out the expenses show how much you got left then layout the leftover for buying sats & spending habits.

Yes, a personal tool is needed. But I don't think businesses will be able to get away with accepting BTC without paying taxes.

There's some way just gotta figure out the loophole.

lol I sure hope there is. Maybe businesses write off the merchandise as donations or spoilage. Just be careful not to spend the proceeds all in one place or someone will notice.

Donate to another address> donate to another address> donate to another address. Keep the trail going.

And what's left after fees? Lol. Probably good to swap for Zcash or Monero. In fact, I could see a world where transactions are denominated in Bitcoin, but settled in a privacy-focused coin at whatever the going rate might be.