Comment by anthonypasq
17 days ago
... no one ever used crypto to buy things. most engineers are currently already using AI. such a dumb comparison that really just doesnt pass the sniff test.
17 days ago
... no one ever used crypto to buy things. most engineers are currently already using AI. such a dumb comparison that really just doesnt pass the sniff test.
People use crypto all the time to buy dollars. Thats its main purpose: spend sanctioned rubles to buy crypto to buy dollars; use randomware to coersively obtain crpyto to buy dollars, etc.
Not quite true. This pub's changed hands now but it was possible to pay in bitcoin for several years.
https://www.wired.com/story/london-bitcoin-pub/
Inside scoop: the pub group who owned that pub (still going, owns four in Cambridge and environs) was cofounded by Steve Early, a Cambridge computer scientist who wrote his own POS software, so it was very much a case of "yeah, that sounds like fun, I'll add it". (Until tax and primary rate risk made it not fun, so it was removed.)
The POS software's on GitHub: https://github.com/sde1000/quicktill
That's brilliant insight, thank you. I enjoyed reading Steve's extensive read me.
Also I'm planning a trip to Cambridge so I've bookmarked one of the pubs for a visit.
For anyone who takes doing their taxes seriously, this is a nightmare. Every pint ordered involves a capital gain (or loss) for the buyer. At a certain point you're doing enough accounting that you might as well be running the bar yourself (or just paying in cash)!
Depends. If you hold crypto for more than a year in Germany, gains are tax free.
people use crypto to buy black market goods like drugs. Its incredibly reliable to buy drugs with.
Their green username is leftbehinds. Let them hold their wrong opinions based on outdated information.