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A comment on ‘It's all bullshit’: Democrats unload on the crypto industry while hearings loom. Parent comment

Re:‘It's all bullshit’: Democrats unload on the crypto indus... by bitxbitxbitcoin on Saturday December 03, 2022 @10:30AM (#33844165)
Employers offering paycheck in BTC: https://www.coindesk.com/markets/2014/11/04/bitwage-now-lets...

https://www.nyc.gov/office-of-the-mayor/news/041-22/mayor-ad...

Landlords offering payment in BTC: https://www.american-apartment-owners-association.org/proper...

U.S. government allowing you to pay taxes in BTC: you can take your btc and turn it into usd and pay taxes that way - and would need to on your capital gains.

Lots of reading for you to do!

[ Parent | on HN ]
Re:‘It's all bullshit’: Democrats unload on the crypto indus... by chitowneats on Saturday December 03, 2022 @06:06PM (#33848435)
So do you considering that you missed that the entire premise of this thread was, "what happens if the U.S. government bans the exchange of BTC and dollars?".

In that instance, bitcoin would lose nearly ~100% of its current market value due to anyone with a brain dumping it.

[ Parent | on HN ]