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> Donations that can't be spent aren't really useful as donations. And my employer-sponsored 401k account isn't useful to me either... seriously you may not be
by yebyen 5y ago
> Donations that can't be spent aren't really useful as donations.
And my employer-sponsored 401k account isn't useful to me either... seriously you may not believe in "Bitcoin is sound money" or whatever crypto flavor of the day, but I actually think it might be OK if it necessarily takes most people even a bit longer than a year to figure out how to "cash out" their Bitcoins.
I mean that you honestly have to be pretty obtuse to believe (today) that someone who received a bitcoin donation in any year before 2021 (and kept it) received what amounts to a "not really useful donation." Year-on-year, even in a bear market, yada yada – none of these are good reasons for you to BUY bitcoin, but as someone receiving a donation from a human who thought you did a good job, I think maybe "try not to look a gift horse in the mouth" is a valid adage here?
- shkkmo 5y agoYou, as someone who likes BitCoin and wants more of it, are perfectly free to have a wallet people can send donations to. You are insisting that people with no interest in owning bitcoins set up wallet, figure out tax rules etc... Just so you can do the the favor of sending them bitcoin. > you honestly have to be pretty obtuse to believe that someone who received a bitcoin donation in any year before 2021 received what amounts to a "not really useful donation." I believe there are tons of people, pre-2021, who received useless bitcoin donations and lost the key before they converted it to an actually useful currency. I don't believe this because "obtuse" or whatever other names you want to call me.
- yebyen 5y ago> received useless bitcoin donations and lost the key It happens? But at least you avoided the tax accounting, right...