Hey y’all. So recently I’ve been learning about the lighting network and I have my own wallet. Some people tipped me Stats and at first it confused me but now I see how incredible and quick it is. I am going to suggest it to every small business I run into. I’m going to ask to pay in bitcoin and then teach them how to use the lighting network!
That said, my BIGGEST question is: when using the lighting network can you basically avoid taxes? I know businesses should technically claim the income but if they just HODL after a few year it will be pretty difficult for the irs to hunt them down right?
Taking that a step further, if I’m hodling all my BTC and then in a few years I pay my bills and things I want to spend money on using lightning network once it’s more widely used (if tax laws stay the same as rn), I could just buy things with BTC and avoid trash fiat all together?
Am I missing something or did I finally get it?
P.s. I got twin boys on the way so if y’all wanna tip some stats it will go to their college fund????
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