I've been telling my parents about bitcoin for over 9 years. Today I told them about my mining heater.

My wife explained the process to them. She said I make it too complicated.

My dad asked, "What company pays you?”

"There is no company. The miners get paid by a bitcoin rewards and transaction fees."

”How do you pay taxes?”

I don't know. How did you pay taxes when people paid you cash for side jobs?