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I can see the point of it if someone has the $20,000 in real USD money involved.... but what about people who accept crypto currency as payment and then buy things with that same crypto currency without the traditional monetary system ever being involved? Who's to say what a bitcoin is really worth?
And if there is an accepted system of determining that, are you taxed on the USD value of the bitcoin at the time of receiving it or when you purchase something with it (or cash out to USD)?
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