Post
Topic
Board Legal
Re: Ask The IRS to define the dollar
by
maku
on 17/01/2017, 14:21:00 UTC
So, basically IRS forced the law (is is even possible to do something like that without wide consensus of other financial institutions?) that benefit the state (in terms of collecting more taxes from Bitcoin users) more.
I thought that US Treasury classified bitcoin as virtual currency in 2013, also bitcoin was categorized as  such by various courts - i.e. Texas US District Court.
Amazing how paper pushers can be so two-faced and label bitcoin as currency and commodity at the same time.