3 ms·

Isn’t this how the IRS treats it so that’s how Coinbase has to treat it? If one buys a bagel with Bitcoin, then one needs to treat it as a sale of Bitcoin to US

Isn’t this how the IRS treats it so that’s how Coinbase has to treat it? If one buys a bagel with Bitcoin, then one needs to treat it as a sale of Bitcoin to US Dollars

ibeckermayer 6y ago
Yes, hence the entire crypto fad is a mass delusion built on lies. It’s regulated like a security, hence you’re not going to be able to use it like currency. Ever.
- smabie 6y ago
  You can already use it like currency for some things: web hosting, drugs, vpns, etc.
- vmception 6y ago
  Ermmmmm not quite. What needs to change in your filter bubble for you to have a different, or at least more nuanced, conclusion? Who would you need to hear it from?