[littledot5566]

My first reaction was: How is Bitcoin taxed in Canada?

After looking around, they indeed are: http://bitcoin.stackexchange.com/questions/535/tax-implicati...

"Bitcoin would fall in the same category as foreign currency or barter, and would be taxable. In Canada, barter is sometimes exempt from taxation"

It would be interesting to see under what conditions are Bitcoin considered as goods rather than currency.

[mctx]

Do you pay the tax in BC or CAD?

[adestefan]

If you sold a house for Euros would you pay your Canadian taxes in Euros or CAD?

I'm not sure why people are having such a hard time grasping this.

[illuminate]

Novelty-seekers who can't seem to wrap their head around bitcoin being an evolution of existing concepts that've been around since money was invented.

[fyi80]

Real estate is probably covered by another set of laws, as real estate has carefully tracked values, for property taxes.

[adestefan]

A property value for taxation purposes has little to do with it's actual market value.