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0 sats \ 0 replies \ @dgy 8 Feb \ on: If spending btc is a "taxable event", what's the future of these websites/apps? bitcoin
Bitcoin is money.
Defining it as digital commodity is just mental gymnastic.
Country adhering to this artificial definition will be disadvantaged in the long run.
Jurisdiction where Bitcoin is treated as money and where there are are no capital gain taxes on Bitcoin like El Salvador, Argentina (?), Switzerland etc. will flourish.