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0 sats \ 3 replies \ @ab OP 24 Nov 2022 \ parent \ on: Bitcoin Only Tax and Accounting Software bitcoin
Thanks for the link, I will check it out.
After playing around with it for a bit, it looks solid. I reckon a Bitcoin focused app that is similar to Rotki but also exports tax forms like Koinly does would be killer.
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That would be country dependent plus tax rules might change every year, so that's a lot of work.
Probably only commercial products like koinly will be bothered to do all that.
Maybe an open source alternative with paid support might appear though.
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Yeah I agree it would be a lot of work. I was thinking that it could start with support for a few major countries and branch out from there. I bet there would be ways to monetise with premium features like Rotki. It is not exactly an idea I would excited to work on, but feels like something that is super important to get the circular economy happening. I want to get merchants accepting Bitcoin, but I also feel like I need to inform them of the tax burden involved. It would be great if it was recognised as legal tender everywhere instead, maybe the effort is best spent there?
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