Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
vendors using Bitpay et al are essentially just accepting fiat and perhaphs an unknown % of BTC too (most companies would keep this % to themselves for obvious reasons)
Hm, what would be those reasons? For tax evasion? It would be quite risky, since Bitpay knows how much the vendor received, and even a traditional audit of his books by the IRS could easily reveal the evasion.By the way, I am aware that this discussion is old and my observations have been made by others before. However, there still seem to be people who expect the price to rise whenever such news come out, or claiming that the route USD-->BTC-->USD-->Goods saves money compared USD-->Goods.
I was thinking more prudence, privacy,security, shrewdness, speculation - than tax evasion - you slippery so and so you... if I was an investigator at the secretariat of federal revenue in your neck of the woods, never mind the doctors- I would have a close eye on you
