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Yes, but difficult for a business to do so.
Any business that asks their accountant 'should we accept Bitcoin' is very likely to get a firm response of 'No- the tax reporting implications are too negative'.
We need to face the harsh reality that our governments are largely owned-influenced by fiat bankers in an anti-competitive state imposed monopoly over our freedom of choice.
Any business that asks their accountant 'should we accept Bitcoin' is very likely to get a firm response of 'No- the tax reporting implications are too negative'.
Yeah because their accountant sucks. The business who listens to me makes the most money.
The government is going to print fiat to oblivion so the capital gains tax is irrelevant.
What happens is that the businesses who get over the dumb herd mentality plaguing the financial industry significantly outperform the ones who don't, and the winners can afford to lobby the government to rewrite the tax code in their favor.
Tempted to agree with you CB although I still fear you under estimate the ferocity and determination of the Zionist fiat debt slavery bankers cartel who own most of our governments.
IMO we need to fight for the right to chose whatever MoE we wish to use and it to be taxed equally.
Which governments ban Bitcoin? Which parties support a progressive tax rate?
Using Bitcoin makes you richer. It's an inherently anti-socialist protocol.
drop almost. use bitcoin anonymously.