Damus
Kat profile picture
Kat
@Kat
Doing my tax return and I have to declare capital gains for every single time I paid someone in Bitcoin this year. That’s despite the fact that my overall stack is currently underwater, thanks to FIFO rules here in Finland.

Desperate for a function like Strike offers in the US, where I could pay in euros but send Bitcoin to someone else.

Even better would be tax rules that don’t make spending Bitcoin a tax event in the first place. 🙃
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Troy · 3w
Expenses are considered a gain? And I thought US school systems were bad.
Diacone Frost · 3w
is it a real law to use FIFO? we have that too, but arguably I can proove that I spent certain coins and what was its cost. (actually, FIFO makes more sense here because we don't pay capital gains after 3 years)
The Daniel 🖖 · 2w
Forcing people to pay capital gains taxes for using money is stupid.