I don't want to think about it at all. If I ignore it, there is risk. If I obey it, there is burden. Anything in between is a mix of the two. Either the risk or the burden must be lifted for me to be comfortable.
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Every satoshi earned is income. Whether earned or purchased, every satoshi has a cost basis. When spent or sold, a capital gain or loss occurs. All taxable events that we are supposed to report in the US.
The #1 hindrance to me using BSV more is the tax accounting burden.
Obsurv is now offering $0.30 to try our beta!
New Users: You must comment your primary Money Button paymail and branch this post for access.
Existing Users: Proceed to Obsurv.me to earn more BSV as well as check out our new updates!
My "landmark article" on what PoW in 2040 and how we can form a "web of PoW". Let me know what you think and if it is good content, please reshare to help motivate me!
https://medium.com/@loganfrombitcoin/proof-of-work-in-the-year-2040-dfe4807c22b8
https://blog.matterpool.io/introducing-boost-pow/ Introducing Boost POW. I'm trying to explain Boost for more of a general audience.
The gif search on twetch needs replaced with a public bitcoinfiles database. People would generate tons of content if they were rewarded by future users sharing gifs from the gif search...this would make up for the steep price to upload these files too.
What if you built a supermarket with dynamic price tags which reacted to surges in purchasing with a corresponding margin based on availability of stock and tracked back orders? Saving perishables and preventing empty shelves.
https://twetch.app/t/993a55bdf7c511932b51e5b9a08eb4bae74709e983b41c1831d9e53ac169ce4d