Anyone else mining

[jimlloyd40]

And?

Does that make it less illegal in the countries where it's illegal or legal tender in any country? No..

If Elon wants to accept pocket lint as payment for a car, he's legally able to do so in the US. That doesn't make pocket lint a currency or legal tender.

If it isn't legal tender why do those companies accept it? It is called crypto currency. And why does the US tax profits made from it. If it isn't legal tender or a currency then the US government is breaking the law by forcing taxes to be paid on profits.

 

[brat_burner]

Well I guess we know who didn't make any money in crypto

 

[GTIfan99]

If it isn't legal tender why do those companies accept it? It is called crypto currency. And why does the US tax profits made from it. If it isn't legal tender or a currency then the US government is breaking the law by forcing taxes to be paid on profits.

As usual, you're too lazy to do 5 seconds of research or even try to comprehend what you read.

I can trade you a pocket full of lint for your old DP if you'll accept it as trade. That doesn't make it legal tender.

There isn't a single crypto currency that is legal tender in any country. It is illegal in many countries.

You don't pay taxes on crypto currency. You pay taxes on gains when you sell a crypto currency, converting it to a legal currency.

 

[jimlloyd40]

Well I guess we know who didn't make any money in crypto

Scroll back. He admitted to not knowing much about it. But he sure is opinionated for admittedly not knowing anything about it.

 

[jimlloyd40]

As usual, you're too lazy to do 5 seconds of research or even try to comprehend what you read.

I can trade you a pocket full of lint for your old DP if you'll accept it as trade. That doesn't make it legal tender.

There isn't a single crypto currency that is legal tender in any country. It is illegal in many countries.

You don't pay taxes on crypto currency. You pay taxes on gains when you sell a crypto currency, converting it to a legal currency.

That would be illegal for the government to do if it's not real.

 

[GTIfan99]

Scroll back. He admitted to not knowing much about it. But he sure is opinionated for admittedly not knowing anything about it.

Says the guy that doesn't understand what legal tender means

 

[brat_burner]

You don't pay taxes on crypto currency. You pay taxes on gains when you sell a crypto currency, converting it to a legal currency.

You don't pay tax on stocks until you have realized gains either. Same shit

 

[jimlloyd40]

Says the guy that doesn't understand what legal tender means

You are simply pitiful. If companies take it as payment it's legal tender period.

 

[GTIfan99]

You are simply pitiful. If companies take it as payment it's legal tender period.

That's not how it works. All companies take legal tender, they're required to by law.

Thus the name legal tender.

If only you had a mini computer in your hand and could spend 5 seconds researching what legal tender means.

 

[brat_burner]

LULZ

https://www.fiat.com/electric-car/kiri

 

[jimlloyd40]

That's not how it works. All companies take legal tender, they're required to by law.

Thus the name legal tender.

If only you had a mini computer in your hand and could spend 5 seconds researching what legal tender means.

There you just admitted it's legal tender.

 

[GTIfan99]

There you just admitted it's legal tender.

Uh, you're seriously too dumb to even talk to anymore. You posted 10 company's that take crypto. If crypto was legal tender, every company would have to take crypto by law. Crypto is not legal tender, which is why you could only find 10 companies that take it.

le·gal ten·der
/ˈlēɡəl ˈtendər/
noun
coins or banknotes that must be accepted if offered in payment of a debt.

Must being the key word.

 

[jimlloyd40]

Uh, you're seriously too dumb to even talk to anymore. You posted 10 company's that take crypto. If crypto was legal tender, every company would have to take crypto by law. Crypto is not legal tender, which is why you could only find 10 companies that take it.

le·gal ten·der
/ˈlēɡəl ˈtendər/
noun
coins or banknotes that must be accepted if offered in payment of a debt.

Must being the key word.

I could find plenty more companies I only copied one link. It's simple. If a company takes crypto as payment it's currency. It doesn't matter how many companies do. There will vastly more companies as crypto is out longer.

 

[GTIfan99]

I could find plenty more companies I only copied one link. It's simple. If a company takes crypto as payment it's currency. It doesn't matter how many companies do. There will vastly more companies as crypto is out longer.

If a company accepts chickens as payment, it does not make them legal tender or currency.

It's almost like you don't know that words have meanings and that you can use your hand computer to learn what the words mean.

 

[jimlloyd40]

If a company accepts chickens as payment, it does not make them legal tender or currency.

It's almost like you don't know that words have meanings and that you can use your hand computer to learn what the words mean.

If they take chickens then the chickens were legal tender to that company or otherwise the debt would still be owed.