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.
Discussion
That doesn't seem to be the IRS position:
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.
That doesn't seem to be the IRS position: