Re:IRS reminds taxpayers to report virtual currency transact...
by mathgeek on Sunday March 25, 2018 @04:39PM
(#16674471)
Most crypto trades do not involve USD because they are directly between one coin and another. Since each coin had a value in BTC, and BTC has a value in fiat, each altcoin has a value in fiat. That's why the new tax rules work (kind of).
[ Parent
| on HN ]
There are no comments on this comment yet.