I apologize if this has been covered elsewhere or is an ignorant question, but payment terminals such as Square now accepting BTC…does this not incur a taxable event for both parties? (at least in the U.S.)
JasonA
JasonA@nostrprotocol.net
npub1m0sy...g4mj
Veteran and Professional Aviator trying to be free of the grind. Mostly jet lagged, but always up for it!
Notes (3)
Making it habit now to enter a local business and right before I pay asking, "Do you take Bitcoin by chance?" 100% of the time it's "no, sorry." But maybe it can accelerate the thought process for them? Small baby steps hopefully lead to longer strides.
Just wanted to share an experience for those trying to work with the Primal wallet via CashApp. Was having trouble sending (via lightning) sats from CashApp - it just wouldn’t go through. Tried “requesting to receive” from the primal wallet the same amount ($1) I was trying to send from CashApp, and it finally went through. Might seem elementary to most, but wanted to pass if anyone was having issues sending to Primal via CashApp.