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Bitcoin
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jtpfarm
Posted 4/19/2021 11:49 (#8960532 - in reply to #8960507)
Subject: RE: where do you get the idea that they can't tax it? EVERY single transaction is now traceable whi


mn
Bitcoin is considered property. Therefore it can only be taxed as such. Every transaction can't be taxed. The only time it can really be taxed is when gains are realized when converting it to USD. Basically, until you convert bitcoin to USD, it's not taxable.
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