4 ms·
The analogy does really work though. You are taxed when you sell the bookshelf for income. In the Bitcoin case, if you were able to mine coins and not pay inco
by xxpor 7y ago
The analogy does really work though. You are taxed when you sell the bookshelf for income.
In the Bitcoin case, if you were able to mine coins and not pay income taxes, theoretically you could pay for everything you need while never having paid income tax. The problem is Bitcoin is a cash equivalent, sort of.