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I believe the parent comment is referring to sending customers a tax form, not Amazon. Someone who bought Bitcoin for a dollar a decade ago and now buys a GPU w
by Anon1096 5y ago
I believe the parent comment is referring to sending customers a tax form, not Amazon. Someone who bought Bitcoin for a dollar a decade ago and now buys a GPU with that Bitcoin would absolutely have to pay capital gains on the increased value of the Bitcoin as it's effectively liquidating it.
- endisneigh 5y agoYes, exactly. I believe people are misunderstanding my comment. No matter what processor you use, depending on how Amazon decides to refund you it will absolutely become a hassle for the customer. It's just inherent - it's not really a "problem" tho, not anymore so than trading stocks. If you bought Bitcoin for a buck a decade ago and bought a GPU for Christmas and decided on New Year's Day you'd like to return it, but Bitcoin changed price you'd have to deal with a lot of tax stuff. There's no payment processor that can resolve this.
- gameshot911 5y agoJust say all refunds are in fiat?