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RE: Bitcoin Will Be Available At ATMs Worldwide

in #bitcoin7 years ago

The tax implications are huge. Every Country has different rules about the taxation of cryptocurrency. (In Canada, it is treated like a Capital Gain, calculated at the point of conversion to fiat).

From a user perspective, getting the Bitcoin out of the machine is awesome, but keeping track of the exchange rate every time I withdraw could be cumbersome. I hope there's an online solution for that.

This should be interesting.