10 sats \ 0 replies \ @DeezSats 8 Nov 2022 \ parent \ on: IRS: People are failing to report payments in crypto bitcoin
I can't buy a coffee with a bushel of wheat, but I can with bitcoin. Bitcoin is obviously not a commodity. So, they are categorizing bitcoin arbitrarily in order to gain power over users. But because their definitions are baseless and inadequate, the power they claim to hold is illegitimate.