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A comment on The IRS Sets a Trap for Cryptocurrency Tax Cheats. Parent comment

Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats by mrgordon on Saturday September 26, 2020 @11:29AM (#24599512)
Isn’t this how the IRS treats it so that’s how Coinbase has to treat it? If one buys a bagel with Bitcoin, then one needs to treat it as a sale of Bitcoin to US Dollars
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Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats by ibeckermayer on Saturday September 26, 2020 @06:49PM (#24602781)
Yes, hence the entire crypto fad is a mass delusion built on lies. It’s regulated like a security, hence you’re not going to be able to use it like currency. Ever.
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Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats by smabie on Saturday September 26, 2020 @07:50PM (#24603075)
You can already use it like currency for some things: web hosting, drugs, vpns, etc.
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Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats by vmception on Sunday September 27, 2020 @02:59AM (#24604797)
Ermmmmm not quite. What needs to change in your filter bubble for you to have a different, or at least more nuanced, conclusion?

Who would you need to hear it from?

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