What is Nostr?
juraj / Juraj
npub1m2m…r8p9
2024-07-31 14:07:59
in reply to nevent1q…jlhd

juraj on Nostr: Depends on the country, but in Slovakia, if the unit is the same, then it's not ...

Depends on the country, but in Slovakia, if the unit is the same, then it's not selling, just changing form. That is one of the best use-cases for Monero in entrepreneurship.

Say you want to have a Bitcoin reserve in a company, but also want to pay suppliers with some crypto. Sale is a taxable event that goes to weighted average and triggers capital gains. So actually buying Monero and spending it at the same moment is a tax free event (buy and sale price are the same, minus the fees), but doing it with anything Bitcoin (does not matter if Cashu/fedi/lightning) would be taxable event. Of course you can also use stablecoins.
Author Public Key
npub1m2mvvpjugwdehtaskrcl7ksvdqnnhnjur9v6g9v266nss504q7mqvlr8p9