StellarStoic on Nostr: The problem is that businesses can't pay taxes with Bitcoin. It's another hurdle in ...
The problem is that businesses can't pay taxes with Bitcoin. It's another hurdle in the tax paperwork, where you need to separate these two and calculate the value of Bitcoin in local currency at the time you accepted it. It's a mess, and I think the right approach is to accept it just as a currency for the people, by the people.
No regulation should be involved in this payment process.
The government should lick a pinky and stick it in their buttocks.
Bitcoin was created to avoid their corrupt, dirty, inhuman games, not to comply with them.
And yes they have all the tiols to make it harder to accept Bitcoin. That's why we shouldn't allowed them to regulating it in the first place.
Published at
2024-08-23 09:51:56Event JSON
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"content": "The problem is that businesses can't pay taxes with Bitcoin. It's another hurdle in the tax paperwork, where you need to separate these two and calculate the value of Bitcoin in local currency at the time you accepted it. It's a mess, and I think the right approach is to accept it just as a currency for the people, by the people.\nNo regulation should be involved in this payment process.\nThe government should lick a pinky and stick it in their buttocks.\n\nBitcoin was created to avoid their corrupt, dirty, inhuman games, not to comply with them. \n\nAnd yes they have all the tiols to make it harder to accept Bitcoin. That's why we shouldn't allowed them to regulating it in the first place.",
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