This has been difficult. I wanted Nostr/Bitcoin-only stuff to work, but right now, there's just not enough of a market to make it work. I have to stay where the main audiences are. I still have to pay my bills in fiat. I still have to get a job in fiat, etc.
I'm keeping my presence here because it's dumb not to. One day, I may move to only publishing here. I have no idea. Social medias are always in flux and nothing long term is ever guaranteed.
And yes, as an American, the taxes this last year were a very a stressful nightmare to deal with. Every transaction must be accounted for. Every bit of it reported. I had to deal with two or three different coin tracking softwares and *reconcile ledgers*. Then I still had to pay someone else to do my taxes because the tax software instructions were conflicting with the IRS's instructions. Then when I paid someone $400 to do it for me in person, they weren't listening to me, and got their terms mixed up and even put the short-term and long-term capital gains/losses in the wrong places on the forms. The entire staff at that place had to review my forms because they weren't sure either!
A.b.s.o.l.u.t.e. N.i.g.h.t.m.a.r.e.
All that being said, there are many hurdles, (like those mentioned) that just aren't going to be resolved until major companies, large players in the fiat world adopt and implement it from a top-down movement. And because of the laws in place, the tracking requirements, the tax requirements, etc., it's not favorable to their bottom line, so it most likely won't be done.
It sucks.
misty / Misty
npub12p…35a8m
2025-04-10 14:31:34 CEST
in reply to nevent1q…vxqm
Author Public Key
npub12p9ewap5t5vz4snkn5zds7ene05zhhvg0duxae4434a4mvq9gh0s535a8mSeen on
wss://relay.nostr.netPublished at
2025-04-10 14:31:34 CESTEvent JSON
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"content": "This has been difficult. I wanted Nostr/Bitcoin-only stuff to work, but right now, there's just not enough of a market to make it work. I have to stay where the main audiences are. I still have to pay my bills in fiat. I still have to get a job in fiat, etc. \n\nI'm keeping my presence here because it's dumb not to. One day, I may move to only publishing here. I have no idea. Social medias are always in flux and nothing long term is ever guaranteed.\n\nAnd yes, as an American, the taxes this last year were a very a stressful nightmare to deal with. Every transaction must be accounted for. Every bit of it reported. I had to deal with two or three different coin tracking softwares and *reconcile ledgers*. Then I still had to pay someone else to do my taxes because the tax software instructions were conflicting with the IRS's instructions. Then when I paid someone $400 to do it for me in person, they weren't listening to me, and got their terms mixed up and even put the short-term and long-term capital gains/losses in the wrong places on the forms. The entire staff at that place had to review my forms because they weren't sure either!\n\nA.b.s.o.l.u.t.e. N.i.g.h.t.m.a.r.e.\n\nAll that being said, there are many hurdles, (like those mentioned) that just aren't going to be resolved until major companies, large players in the fiat world adopt and implement it from a top-down movement. And because of the laws in place, the tracking requirements, the tax requirements, etc., it's not favorable to their bottom line, so it most likely won't be done. \n\nIt sucks.",
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