Replying to Avatar Kane McGukin

Still trying to understand this angle (for years). Not being snarky? Why magical?

In the US, it would be a bunch of taxable events without enough reporting to not make it a total nightmare come tax time.

What am I missing?
Avatar
Papa Figos 2y ago

What you're missing is that it's not like this in many/most? places outside the US.

Reply to this note

Please Login to reply.

Discussion

Avatar
Kane McGukin 2y ago

I get that and agree. Totally more valuable as a payment mechanism in developing countries over developed. I do talk about that a number of times here: https://podcasts.apple.com/us/podcast/navigating-bitcoins-noise/id1583424361