Re:Root – Programmable bank account for software developers
by Rmilb on Wednesday May 03, 2017 @12:56PM
(#14257631)
As far as the US IRS is concerned, every time he makes a purchase with bitcoin, it is a taxable event where he must declare any gains/loss from the time he purchased the bitcoin. This type of regulation is hindering BTC adoption in the US. BTC also doesn't solve any problems the average person has in a developed country, but that is another story..
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