Why Nostr? What is Njump?
2023-10-23 10:58:16
in reply to

Devin on Nostr: I'll dig into the IRC Section to be sure, but my understanding is that the $600 rule ...

I'll dig into the IRC Section to be sure, but my understanding is that the $600 rule targets businesses. Not the general public sending money to each other. As for the $10k with banks, its pretty easy to stay below that number. I'm not talking about tax evasion, so if I convert $10k+ to fiat for some reason, I'm not concerned with reporting the income. But my holdings until that point are my business.
Author Public Key
npub12ddgadsx8662zp5fp8f9qyn8rh2uxlgllqzkzwztwhyjtl2dglhq9rr2ut