Post
Topic
Board Legal
Re: Bitcoin Taxes USA
by
coldplay3r30
on 20/12/2018, 00:59:06 UTC
Most major economists on television and news outlets are saying Bitcoin is worthless. I'm going to use that "expert" analysis to do my accounting for trading Bitcoin. I don't see how they could tax your trades as the value of the coins fluctuate so rapidly. I think they are only talking about cashing out Bitcoin into fiat currency, but I'm no accounting expert. I will just play dumb as I don't plan on converting any of my holdings into cash this year.
it is impossible for something worthless to be taxed, so we can find out that bitcoin is very valuable, so many parties from several governments including the USA tax the bitcoin, this is proof that bitcoin has been recognized throughout the world, but with tax is a real recognition, for bitcoin owners or traders don't hesitate to do all their activities in buying and selling.