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The tax exemption policy for Bitcoin is here, but it's really not for everyday spending
【Crypto World】There is news coming from official channels that the president plans to exempt capital gains tax on small-scale Bitcoin and cryptocurrency transactions, aiming to reduce the tax compliance costs for daily payments.
Sounds good, but here’s the problem: Bitcoin is inherently a scarce sovereign asset. Its core value lies in long-term preservation of value, not in buying coffee. The reality is that even if tax policies are adjusted, Bitcoin’s high volatility and the opportunity cost for small transactions still stand.
In other words, policy optimization can help, but it cannot change Bitcoin’s inherent disadvantages in the retail payment space. It is better suited as a long-term asset allocation choice rather than a replacement for everyday spending tools.