I was wondering about the financing just forgot to take the time to look myself. Thanks raiders.
Comment
3runhomer
SBR Sharp
08-23-10
422
#37
This all sounds like very good news!
One question would be regarding taxes...and if circle is a registered bank now, how will that be treated with the funds you have in the account. Part of the appeal of bitcoin was that it was not in a bank...any thoughts?
Comment
Buffalo Nickle
SBR MVP
11-12-14
3228
#38
Originally posted by 3runhomer
This all sounds like very good news!
One question would be regarding taxes...and if circle is a registered bank now, how will that be treated with the funds you have in the account. Part of the appeal of bitcoin was that it was not in a bank...any thoughts?
You will have to pay tax on your capital gains trading bitcoin. Don't know if they are going to report every transaction but likely. Could be a real pain for the enthusiasts.