Replying to Avatar Fiat Shenanigans 🀑🌎

If you sell for dollars it's taxable. Not if you spend sats directly to somebody who accepts them. At least not yet. Don't sell. Spend. That's how we grow the Bitcoin economy.

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Veritas βœοΈπŸ‡ΊπŸ‡²βš“βš‘πŸ’Š 2y ago

That doesn't seem to be the IRS position:

https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions

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