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I love it, BUT, that medical payment technically triggers a capital gains/loss. For a robust circular economy I think we need an IRS reclassification of bitcoin (currency instead of property) or a high threshold $ exemption. Otherwise, many will be unwilling to participate in this economy because of either fear of the IRS or because it may complicate individual tax reporting. Thoughts?

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MCBitcoin 2y ago

Or just engage in civil disobedience. If no one follows the bullshit tax treatment of btc, then it de facto becomes legal.

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