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Do You Feel That The IRS Ruling, Taxing Bitcoin As Property, Will Be Positive Or Negative For Ongoing Mainstream Acceptance?

bitcoin-irs-commodity-taxThe IRS in the USA has recently ruled that Bitcoin is to be treated as property for taxation purposes. See our full analysis here 

This ruling clearly adds another layer of complexity to the use of Bitcoin as well as costs in the form of tax.

Do you feel these additional complexities and costs of using Bitcoin as compared to the US Dollar will erect further barriers for users and merchants, adversely affecting mainstream acceptance of Bitcoin unless changed or circumvented?

Posted in Bitcoin, created by Editor 3 years ago. 57 voter(s) registered 57 vote(s) on this poll. Last vote 3 years ago.
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NEGATIVE. I feel that the IRS ruling taxing Bitcoin as property is overall NEGATIVE for Bitcoin (26 Votes)
45.61%
POSITIVE. I feel that the IRS ruling taxing Bitcoin as property is overall POSITIVE for Bitcoin (31 Votes)
54.39%

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