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by hesdeadjim
3106 days ago
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The best thing for Bitcoin as a technology would be to stabilize in price and have lightning networks solve the scalability problem. The moment we can actually use it for it's original intended purpose and not a speculative asset, the sooner we can see innovation take hold. Of course this ignores how hamstrung the technology is by the IRS treating it as property subject to capital gains tax. If I have to worry about paying tax anytime it is converted to fiat or exchanged for goods and services of real value, the less motivated I am to do so. |
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