Event JSON
{
"id": "20aa59f98137d46cba4331110488ab14c82b60ff5af310ef52d0b7ba8dbf75ca",
"pubkey": "8dd0cc880546df5e96e084782db0fa2af717595a07d4b4c40f8fa5428aded63d",
"created_at": 1716670164,
"kind": 1,
"tags": [
[
"e",
"2b040d6a1e8aabd24e93e5a87f371b3cddbafa83c2347cd56eface4b80d59985",
"wss://relay.damus.io",
"root"
],
[
"e",
"c51c069a1bdd17e9532a07a4fcf8f613ea75e40b17e2924de08da55c2ce5343f",
"",
"reply"
],
[
"p",
"aef0d6b212827f3ba1de6189613e6d4824f181f567b1205273c16895fdaf0b23"
],
[
"p",
"a341f45ff9758f570a21b000c17d4e53a3a497c8397f26c0e6d61e5acffc7a98"
],
[
"p",
"146e7ea6ceb4d2931201649b9f7a12d6784d686b273fe07edff254445966683b"
],
[
"p",
"a341f45ff9758f570a21b000c17d4e53a3a497c8397f26c0e6d61e5acffc7a98"
],
[
"t",
"bitcoin"
]
],
"content": "Yes, obviously. But according to GAAP, durable property (e.g. PP\u0026E) is depreciated/amortized over its useful life, as prescribed by U.S. tax code. nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m's description of #bitcoin as “digital property in cyberspace” is a reference to real property and an eager regulator is going to interpret it, accordingly. \n\nBetter to use words (and analogies) carefully. Commodities are not taxed or depreciated during holding periods — though they sometimes do erode. Additional bookkeeping (and thus taxation) only happens when they are bought, sold, leveraged, or exchanged. That’s what we want for Bitcoin.",
"sig": "01a1848e8eb60eaf2a81e3e44bf66f1718580e5b0c633fd32fd14002b820bdd4183c4478d6227a54b828911ad4927eaea948adbde8eba6535e76355985a7943d"
}