You’re selling your BTC to the lightning network. Definitely taxable.
Discussion
lol no your not. Do you have any idea how lightning works?
Go run a node and open your own lightning channel to see what’s actually happening. I’m going to stop replying because it’s obvious you need to dig deeper
Do you have any idea how the US government works?
retarded.
LN isn't a thing that you can "sell your BTC to."
You’re right you sell it to fiat first.
you are a very confused person
opening a LN channel is locking a utxo into a 2 of 2 multisig.
native Bitcoin. nothing changes.
there is no sale and no one at the IRS thinks there is.
