Quote:
Originally Posted by L-Pink
dayn mo ?.. Example; I pay you xxx in bitcoins. Based on the days bitcoin value to the dollar that's say $500.00. So your income is $500. Now if the bitcoins change in value before you cash them out or trade them to someone else you need to account for that change in value either as a gain or loss.
Again what an accounting nightmare. And a double nightmare if they lose value.
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i hear ya, there's certainly a level of complexity.
but in your view, you decided bitcoins are worthless and to exchange them is a scam?