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As long as you never convert into traditional currency, how will they know you participated in a transaction?
by bendbro 10y ago
As long as you never convert into traditional currency, how will they know you participated in a transaction?
- viraptor 10y agoAs long as you never convert, what use is it? (and that's assuming your country doesn't require you to declare cryptocurrency gains)
- bendbro 10y agoSome people are willing to trade goods and services for Bitcoin, just like they would dollars. I don't think it's relevant what the person receiving the Bitcoin does with it after (converting directly to dollars, holding, or buying other goods/services), since those are the same things people do with regular dollars anyway.