this post was submitted on 19 Sep 2024
1594 points (96.8% liked)

Microblog Memes

5872 readers
3332 users here now

A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

Rules:

  1. Please put at least one word relevant to the post in the post title.
  2. Be nice.
  3. No advertising, brand promotion or guerilla marketing.
  4. Posters are encouraged to link to the toot or tweet etc in the description of posts.

Related communities:

founded 1 year ago
MODERATORS
 

Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

you are viewing a single comment's thread
view the rest of the comments
[–] prole@lemmy.blahaj.zone -1 points 2 months ago* (last edited 2 months ago)

If you wanted to receive Bitcoin, it would be an investment. The taxable income would be the value on the day I received it. The value on the day that I sold is irrelevant. This is not “unrealized gains” by any stretch.

Then someone better tell the IRS because this is exactly how they treat crypto. And yes, people can elect to be paid in Bitcoin, I recall seeing various stories about it over the years.