I’m not reporting my zaps.
F ‘em.
Discussion
I’d rather eat my own dick then report zaps 😂
the sheer physics of eating one’s penis i easier than reporting zaps.
Bro it’s gonna be so much fun to report the zaps, like yo here’s 111,340 transactions with a net loss of $27 😂
Is value technically transfered if the channel is still open? If we sit across the table from one another and slide a quarter back and forth is that taxable? If a whole convention center of people are doing it at the same time does that change anything?
If we’re gonna keep saying lightning offers “instant final settlement”, then yeah… value is def transferred. Even if the channel is open.
What about when you open a lightning channel with your on chain funds, is that a transaction? Has value been transferred if you’re still in control of the corn?
When the channnel closes, is that a transaction? What if you opened it with 1million sats but it closes with 500k sats but the value of corn has gone up 100% since you opened the channel, is that a gain or a wash?
The IRS isn’t ready for LN!
Heads spinning in many government offices. They are no where near understanding what’s happening
annnnd zapped u lol
Zaps are tax wright off. Your donating to charity.
I'm not reporting.
Reminds me of this gem from one of my favorite people
In my opinion, sats aren't taxable until you cash out or use them to buy something.
You *are* buying something. That's #V4V
Ok whew... that's good. Cuz I don't want 'em to know I send you Bitcoin.