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0 sats \ 5 replies \ @dtonon OP 21 Sep 2023 \ parent \ on: A kit to help local businesses start using Bitcoin bitcoin
Unlucky is not so simple everywhere.
In Italy, and I suppose many other EU countries, when you get a payment you have to register it and prove the payment channel. So give to the accountant the converted value is not enough. Then if you own bitcoin as a business you have to keep a separate balance and bitcoin is managed as a foreign currency.
I know, we should change the rules. Step by step.
Who stop you to not say a word that you took sats and say it was cash?
LOL sometimes people are such pussies...
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You missed the point.
In Italy, if I have sold you a service/product I must produce the invoice; the invoice must be linked to a payment record, usually a bank statement.
If I'm payed by sats I have to say it, otherwise I am fined. Plain and simple.
Because that, I think we need to offer a clean view of the legal situation by country, explaining how Bitcoin can be correctly managed in a standard accounting system.
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If I'm payed by sats I have to say it, otherwise I am fined.
All depends WHERE you position yourself in this pyramid
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I will repeat: bitcoin is cash. Is nobody's business what am I doing with my cash. That's it.
Keep living in that cage and you will never be free.
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Clearly, we have different backgrounds and so different ideas. We both want Bitcoin success, we just have different strategies.
Instead of an individual action against the rules, I prefer to spread a collective movement that moves legally towards Bitcoin adoption, and eventually will bring forward a change in the law. In fact Bitcoin can lives without any problem with the current rules, but will inevitably end up changing them.
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