RE: Penthouse in Miami going for $3.5 million worth of Bitcoin (or Ether)

theblindsquirl (57)in #bitcoin • 6 years ago (edited)

Sounds to me like the perfect application for a "Smart Contract".

I have to wonder what the tax implications are though.

Maybe @lexiconical can provide some input as to the Capital Gains liability?

6 years ago in #bitcoin by theblindsquirl (57)

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jrcornel (84) 6 years ago

I was wondering that as well. Since bitcoin isn't regarded as a currency in the states, it presents some interesting tax issues.

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