Post
Topic
Board Bitcoin Discussion
Re: Bank of America now treats BTC and ETH as Cash
by
teosanru
on 15/07/2020, 15:42:02 UTC
Reportedly US Banks are going the treat Bitcoin (BTC), Ethereum (ETH), and all crypto purchases same as Cash. In the crypto economy, this move is going to be a milestone. Cool
Don't you think even if it's done then it would effect you negatively too. You can be held for your taxes directly when you earn btc because you are earning money. Moreover it's make easier for them to confiscate your money because now they will be confiscating cash. I don't know why are people Happy on this as it was already legal in US.