Sounds to me like the perfect application for a "Smart Contract".
I have to wonder what the tax implications are though.
Maybe @lexiconical can provide some input as to the Capital Gains liability?
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Sounds to me like the perfect application for a "Smart Contract".
I have to wonder what the tax implications are though.
Maybe @lexiconical can provide some input as to the Capital Gains liability?
I was wondering that as well. Since bitcoin isn't regarded as a currency in the states, it presents some interesting tax issues.