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by danw 4752 days ago
I think bitcoins just count as assets
1 comments

They probably get taxed as income at the point they're converted into Sterling. (I'm not an accountant or lawyer.)

Does anyone think Bitcoin might gain greater adoption if more accountants and lawyers knew how to advise their clients?

Are BTC different from accepting any other non-cash asset as payment? It's not really a foreign concept, just a new example of it.