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617 sats \ 2 replies \ @slender_trikes_0c 4 May 2023 \ on: Using Bitcoin has legal consequences bitcoin
This is a well put question/topic. I am curious if anyone knows the ramifications of bitcoin being deemed legal tender in El Salvador when it comes to spending elsewhere. For example, I don't think spending euros in the US is a taxable event.
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54 sats \ 0 replies \ @kenn_b OP 4 May 2023
Very interesting. Have not thought about it like that.
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54 sats \ 0 replies \ @badabing 4 May 2023
I seem to remember that Ben De Waal reported his expenses under the foreign currency "El Salvadoran Bitcoin" or smth, and he wasn't taxed in Germany.
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