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TFC Commodity Trading Forum

Bitcoin, etc.

So, Musk uses Bitcoin to process orders...

this creates a taxable event (either a gain or loss) for his company.....with every transaction because BTC is legally only an asset, not a currency. His PE is at the mercy of the BTC price.

If BTC was a currency, all miners would be counterfeiters and would be jailed as such a thing is only allowed for sovereign governments.

Messages In This Thread

Bitcoin, etc.
Re: Bitcoin, etc.