Bitcoin payments held back by tax policy, not scaling tech: Crypto exec
Crypto sales are taxable under current United States policy, but lawmakers have proposed tax exemptions for small transactions.
The biggest obstacle to Bitcoin (BTC) being used as a payment method is tax policy, not scaling technology that reduces settlement times and transaction costs, according to Pierre Rochard, a board member for Bitcoin treasury company Strive.
“Here’s a metaphor: the best athlete can win against the worst athlete 100% of the time, if the best athlete plays. It drops to 0% if he doesn’t play and lets the weak athlete win,” Rochard said about BTC’s current lack of use as a method of payment.
In December 2025, the Bitcoin Policy Institute, a non-profit policy advocacy organization, sounded the alarm on the lack of a de minimis tax exemption for small Bitcoin transactions.