atori's avatar
atori 1 year ago
You mean like doing a swap from bitcoin to monero and having that monero being send to the person you are paying? Doesn't that count as a sale and trigger cap gains?

Replies (2)

no, swap fiat to monero, just to not have to use banks for payments. selling bitcoin would be a tax event. buying something else and then immediately using it all to pay an invoice is tax zero. so you can both save Bitcoin as a company and use advanced third millennium payment technologies (i.e. Not legacy camping system)
atori's avatar
atori 1 year ago
Ah you buy just the right amount of monero at an exchange (plus a bit for fees) and send that to the person you are paying? Could also keep a balance in a stablecoin and swap what you need to monero then.