4 ms·
in 3-5years, sure, just like we are all currently using crypto to pay for groceries and smart contracts for all legal matters.
by leftbehinds 9mo ago
in 3-5years, sure, just like we are all currently using crypto to pay for groceries and smart contracts for all legal matters.
- anthonypasq 9mo 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.
- fragmede 9mo agoTheir green username is leftbehinds. Let them hold their wrong opinions based on outdated information.
- jbl0ndie 9mo agoNot 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/ https://www.wired.com/story/london-bitcoin-pub/
- benregenspan 9mo agoFor 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)!
- leipert 9mo agoDepends. If you hold crypto for more than a year in Germany, gains are tax free.
- adw 9mo agoInside 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 https://github.com/sde1000/quicktill
- jbl0ndie 9mo agoThat'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.
- Quarrelsome 9mo agopeople use crypto to buy black market goods like drugs. Its incredibly reliable to buy drugs with.
- dzdt 9mo agoPeople 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.