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RE: Bitcoin As Payment Method For Daily Small Transactions

in LeoFinance3 years ago

Apparently, there is a bipartisan bill being introduced in the US Congress, that will exempt bitcoin transaction from tax obligations if the associated capital gains are $200 or less. I don't think this bill will go anywhere and become a law.

@geekgirl why do you think that the bill will not be passed as law?

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Because majority US Congress lawmakers are not capable or not willing to do anything useful for people.

@geekgirl
That Sounds a lot like the average politician anywhere around the globe. Most politicians are for themselves first...

But I am sure over the years, there have been bills passed into law that was useful to the people...

Don't you think this one could be one of them?