Damus
miles ๐ŸŒž · 21w
Connecting the ecosystem with Square has been the dream since we launched bitcoin in nostr:nprofile1qqsvwct7ssehccgu040egxe4k8k9ru4wd605r2kfv9sf94gsu8pftcqppemhxue69uhkummn9ekx7mp0qythwumn8ghj7un9d3sh...
Backwater Mining Collective profile picture
First of all, this is amazing.

Secondly, if a business decides to accept bitcoin with Square and settled in 100% USD, is that considered a taxable event? Would the "gains" be neutral in that situation since it is instant?

Don't want vendors coming back to me after I show them how to accept bitcoin and complain that they are paying a bunch of extra taxes...

๐Ÿ’œ1
Khanto Blackhand · 21w
+1 nostr:nprofile1qqsxcgma3va3yqj3cwxzxrqxm8jg7rfszajhckm9erpkzyhtzhzj46cpp4mhxue69uhkyunz9e5k7tcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqf29raj