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BootyDust
npub1d6f…lnfn
2024-06-21 14:01:51

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?

For 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.
Author Public Key
npub1d6f7whff52avavp6dx3qhue57u2p96vg2zrqxnq5rggnzmgdalmqmnlnfn