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Old 05-21-2014, 01:38 PM  
Nice_Nick
So Fucking Banned
 
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Join Date: Mar 2014
Posts: 865
Quote:
Originally Posted by HOOKUPBOSS View Post
bitcoin will rise if amazon accepts them but if it ever gets too big it will be shut down due non taxation. How do taxes work any way with a bitcoin purchase. Bitcoin is invisible money just like the dollar but the dollar has great rep and govt backing bitcoin has neither if you are not a millionaire you will be dum to invest in an unstable market
What the fuck are you talking about?

If you run a business and you pay VAT you need to add the rate to the sale price. It doesn't make an ounce of difference if that is in fiat or Bitcoin. You still charge tax if applicable.

I don't think you understand what Bitcoin is.
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