3 ms·
My guess is they are going to owe the IRS a lot of money. In real USD. https://www.irs.gov/newsroom/four-things-you-should-know-if-you-barter https://www.irs.
by pinkfoot 6y ago
My guess is they are going to owe the IRS a lot of money.
In real USD.
https://www.irs.gov/newsroom/four-things-you-should-know-if-you-barter https://www.irs.gov/newsroom/four-things-you-should-know-if-...
- Taikonerd 6y agoHeh, good point. I suspect that one of the features of these currencies is that they're not taxed in practice, even if the letter of the law says that they should be(?)
- magicsmoke 6y agoThis right here shows how much the value of USD depends on the power of taxation. Even if you barter goods with no USD used, the IRS will still force you to find a way to obtain USD to pay taxes on that barter.