Demonstrating the power of Bitcoin micropayments under the …

J1Pelaez ·

Demonstrating the power of Bitcoin micropayments under the law:
Did you know that sending money to friends or family—inside or outside the U.S.—is tax-free for citizens and residents? Thanks to the Gift Tax annual exclusion, in 2025 you can gift up to $19,000 USD per person without reporting it to the IRS, as long as it's a disinterested gift and you receive no goods or services in return. The economic limit of traditional platforms punishes small amounts: a PayPal or Venmo transaction costs between $0.30 and $0.99 USD in fixed fees, while international bank transfers (SWIFT) can charge $25 to $50 USD per send. In contrast, Bitcoin SV has a tiny economic floor: you can gift a single cent, and the network fee will cost you just $0.00002 USD, enabling massive micro-gifts that are technically and financially impossible in the banking system.
If you require a 'follow' to send a gift, it might be classified as a marketing expense; however, what if you send gifts to those you already follow? This is definitively a gift, as the recipient provided no service in exchange for payment, fulfilling the IRS requirement of 'detached and disinterested generosity'.
I have sent 2 USD to the 46 users I follow on [[3dordi]], at a cost of 0.00004 USD, in a single transaction with 46 outputs.

Replies

SMARTWATCH ·

NIce! Might use the airdrop feature for my comming release :)