[News] Bitcoin is worthless

[Dolly Buster]

All the headlines in the past 6 years about crypto supposedly "being accepted for federal taxes" are fake.

If you research deeper, it's always an intermediary story. "You give Ether to company X, and they will sell you francs. Later on you can pay taxes with francs."

The reason I'm 100% sure it will never happen, is that the very purpose of taxation is to impose a government monopoly (by enforcing fiat), and not to break government monopoly.

So this eternally puts to bed argument number 3 (3. "Bitcoin is very much like the dollar.")

Recap of refuted arguments, which people should no longer go back to:

1. "As long as someone paid, it's valuable. No further discussion needed."
   
2. "Bitcoin is like a stock."