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user-inactivated · 3900 days ago · link · · parent · post: Bitcoin is taxable property - not currency
Which raises the question -- feds may not see btc as legitimate currency, but if they see it as a legitimate cap investment then all the various rebates and cap loss waivers apply. I guess.
JakobVirgil · 3900 days ago · link ·
if you are paid in btc in works the same as being paid in stock. When you use btc to buy something you pay capital gains on the honor system i guess
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JakobVirgil · 3900 days ago · link ·
It is in the hearts of capitalists. Sometimes put there by audits.