Quote:
Originally Posted by HOOKUPBOSS
i do understand it
what im asking how does the taxes work on purchases not income. Im not talking bout peer to peer trades of course thats has no tax involvement im talking about with the company who sell things and accept bitcoins
so far i see porn websites accepting bitcoins.
I know exaclty what bitcoins is its a new currency market where the backing is based on the confidence of the consumer.
I know about currency w the romans invented it and it has been copied over and over.
really if ppl were smart its plenty other legit currencies you can invest in
are bitcoins worth more than pesos ?
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porn sites accept bitcoins like porn sites accept visa card numbers. amazon would take bitcoins like they take visa card numbers.
you might know what bitcoins are, but clearly you don't know how pornsites are accepting them as a payment form.