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A comment on Elon Musk wants clean power. But Tesla's carrying Bitcoin's dirty baggage. Parent comment

Re:Elon Musk wants clean power. But Tesla's carrying Bitcoin... by rootusrootus on Wednesday February 10, 2021 @12:09PM (#26091885)
Until you can get the IRS to accept Bitcoin, your plan is dead in the water.

I also would like to know what specifically makes Bitcoin the answer, and not some other cryptocurrency.

[ Parent | on HN ]
Re:Elon Musk wants clean power. But Tesla's carrying Bitcoin... by solosoyokaze on Wednesday February 10, 2021 @02:21PM (#26093489)
The IRS not collecting Bitcoin is a feature, not a bug. The IRS/USD/US military are all one and the same. Bitcoin is politically and socially "cleaner" than USD and other state backed currency because it's not dependent on military oppression.

Bitcoin is definitely not the only important crypto. Ethereum, Doge, zCash... all have different roles to play in the ecosystem.

[ Parent | on HN ]
Re:Elon Musk wants clean power. But Tesla's carrying Bitcoin... by rootusrootus on Wednesday February 10, 2021 @04:33PM (#26095127)
You seem to be under the impression that you can work around the IRS. This may be true to a limited extent if you live outside the U.S.
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Re:Elon Musk wants clean power. But Tesla's carrying Bitcoin... by solosoyokaze on Wednesday February 10, 2021 @04:59PM (#26095373)
That's why I mentioned zCash. It's a better choice for this.

That being said, Bitcoin can exist without the IRS. USD cannot.

[ Parent | on HN ]