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No actually btc is not money in the eyes of the US government.. They specifically state that its considered a property and taxed as such.
There is no such thing as US government definition of Bitcoin. The IRS treats it as property FOR TAX PURPOSES. The SEC has already stated that ICOs (regardless if funded with BTC, ETH, or other methods) need to comply with SECURITIES regulations. Both can be true at the same time. Plus there are money laundering regulations, state laws, etc, that may treat Bitcoin and other crypto currencies as a payment methods and/or money in certain contexts. ALL of the above can be true at the same time.
BTW securities laws apply to crowdfunding as well with some exceptions allowing simplified funding process, and no, calling it "crowdfunding" is not enough to be exempt. Among other things, the crowdfunding platform needs to be registered with the SEC, non-US companies can't solicit crowdfunding in the US, and so on.
My thoughts are you don't have a clue about what your talking about and are just trolling.
The fact that you don't know how the US government class BTC speaks volumes so stop trolling and file a tax return you naughty boy
The fact that you don't know how the US government class BTC speaks volumes so stop trolling and file a tax return you naughty boy
The fact that you don't know how the US government works speaks volumes but please continue trolling, it's immensely entertaining.
damn their ingenius plan by chief strategist matlack of renaming it and having company offshore is fallible. maybe they can call it a donation ? thats what it ends up becoming lol because there is no expectation of profit even if wildshark and korvas make posts about it being so