A novel proposal suggests using Bitcoin block height as a universal time standard, with block 929,699 potentially marking the new year on December 27, 2025. This concept leverages blockchain's decentralized nature to establish a neutral timekeeping system. However, it introduces complexities for capital gains tax calculations and compliance, as it diverges from traditional financial systems. The adoption of blockchain time could pose challenges for liquidity and crypto markets, highlighting the need for integration with existing financial frameworks.
Bitcoin Block Height Proposed as Universal Time Standard
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