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comment by JakobVirgil
JakobVirgil  ·  3900 days ago  ·  link  ·    ·  parent  ·  post: Bitcoin is taxable property - not currency

This is funny ... i mean not good.





mk  ·  3900 days ago  ·  link  ·  

Could it really be another way with the country that owns and regulates the most used currency in the world?

It is going to be a tough one to enforce, but I guess that's their business.

It's interesting that countries are taking different approaches. Such a wild thing to witness.

JakobVirgil  ·  3900 days ago  ·  link  ·  

After I gave it a deeper think I came to that conclusion this a really positive thing for btc's mainstreaming.

mk  ·  3900 days ago  ·  link  ·  

Why do you think so?

JakobVirgil  ·  3899 days ago  ·  link  ·  

It has legal standing now. Folks can write off losses. Audits might be fun. The sad/funny part is that the politics of it are being compromised in the process.