What is Nostr?
matt / Matt Corallo
npub185h…wrdp
2025-02-07 19:09:03
in reply to nevent1q…uggk

matt on Nostr: You are selling bitcoin to buy things, this makes BitPay a broker under the rules put ...

You are selling bitcoin to buy things, this makes BitPay a broker under the rules put forth, which means they have to KYC you and report your sale to the IRS. It’s a bit less clear whether a merchant who sells for Bitcoin directly has to, but they could get caught up in it too.
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