Bitcoin Taxes: Working for Bitcoin

Bitcoin Taxes: Working for Bitcoin

Welcome back to Bitcoin Taxes, our special series over Bitcoin taxation with Mr. Daniel Winters. This week, we will be talking about what you should do when you work for Bitcoin rather than fiat currency. As a reminder, be sure to read last week’s article which covered the basics of Bitcoin taxation within the United States if you have not done so already. Each week we will build upon the previous article to cover a wide range of topics. You can comment with your specific questions in the comments field and Daniel and I will go through them and try to answer as many as we can on next....


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Quotes

There will be a future where people will use Bitcoin, and they won’t even know they’re using it. At that point it’s everywhere — it’s a part of global finance, it’s a part of our everyday lives. In the same way using email was very difficult and the edge of technology… it’s always difficult, it’s problematic, it’s painful to use, and we’re at that point in Bitcoin right now. The point where we’re beyond it is the point where people don’t think of email as the bleeding edge of tech because it works so well everyone uses it… I think it’s going to get to that point.

Winklevoss Twins, Entrepreneurs