Carl B Menger
· 39w
JUST-IN: Australian court ruled #Bitcoin officially as MONEY, not a taxable asset. Up to 640 million dollars in capital gains tax refunds. This could change EVERYTHING EVERYWHERE. 🇦🇺
https://im...
Interesting timing considering the economic suicide they are on the verge of committing with unrealized cap gains taxes. If the unrealized cap gains legislation passes and bitcoin is officially recognized as money and therefore not subject to them, I can imagine a mass exodus into BTC occurring.
Would be quite a humorous providence.
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