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A comment on Facebook Pay. Parent comment

Re:Facebook Pay by xiphias2 on Sunday February 13, 2022 @01:22AM (#30319734)
Jack Mallers (CEO of Strike) gave a presentation about the Lightning network as the open protocol for international fiat debit payments, and multiple Facebook managers were on that meeting. Now that Cashapp integrated sending money with it, Strike can be connected with US Chase bank account, the race for embracing the open protocol is on.

The cool thing with USD payments over lightning network is that capital gains tax is not triggered.

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Re:Facebook Pay by disgruntledphd2 on Sunday February 13, 2022 @06:08AM (#30320906)
> The cool thing with USD payments over lightning network is that capital gains tax is not triggered.

This is a bug, not a feature, to the US government.

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Re:Facebook Pay by Gigachad on Sunday February 13, 2022 @06:57PM (#30326898)
Why would capital gains be paid for a transaction?
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