BootyDust on Nostr: What's the best locally run software to track and calculate this? ...
What's the best locally run software to track and calculate this?
quoting nevent1q…ns9hFor me, spending bitcoin is more about the decision it makes me face:
> Am I willing to ignore tax law in my jurisdiction? <
If not, I then have to treat my every Bitcoin transaction as a taxable event, requiring me to know and document the cost basis for every sat, and self-reporting this on a complex and obscure tax form that is likely to raise red-flags and the attention of the tax authorities who demand and enforce capial gains regulation.