"With cryptocurrencies, it's not that they didn't aspire to be a payment mechanism, it's that they've completely failed to become one, except for people who desire anonymity, of course, for whatever reason.”
Yea... the IRS put it’s boot on the neck making every transaction a taxable event. Remove that, and crypto will explode in use as a currency. Nobody is buying a cup of coffee with the burden of having to record the value of Bitcoin at the time they bought the coffee to calculate their gain/loss.
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