Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by lxgr on Wednesday March 17, 2021 @07:50PM
(#26498224)
How do you eventually repay that loan (or at least pay interest)?
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Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by lmm on Thursday March 18, 2021 @12:48AM
(#26499759)
Guessing: you can sync up once a year (or even once every 5 or 10 years) and pay taxes on that transaction at that day's price.
Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants
by imtringued on Thursday March 18, 2021 @07:02AM
(#26501425)
That's ok if you are happy with shifting the tax date. I can definitively see how this decreases the accounting burden but not the tax burden.