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21 sats \ 3 replies \ @AngryMulbear 20 Aug \ parent \ on: Bitcoin Payments in Retail: How Steak ’n Shake Saw Sales Rise 11% bitcoin
I'm technically breaking the law every time I post or zap on StackerNews thanks to these onerous tax regulations.
Normies aren't going to adopt something that puts them at risk of an expensive audit.
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0 sats \ 2 replies \ @Hodl117 21 Aug
What law are you breaking?
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46 sats \ 1 reply \ @AngryMulbear 22 Aug
It's tax evasion in the eyes of the government.
Every zap I send is a disposition, and needs to be recorded along with the fiat exchange rate. Every zap I receive is considered income. The acquisition of those sats also needs to be tracked to calculate my ACB.
It's onerous AF, and ruins my enjoyment of this platform. So I choose to break the law instead.
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10 sats \ 0 replies \ @Daedalus 22 Aug
Yeah it forces criminality because the law is simply unjust by design. I believe the government have so many laws like this. This has to be for the purpose of ensuring every citizen is technically a criminal such that when the time comes to target you (due to some secret surveillance method legal or not), they can always throw the book at you.
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