How does one deal with taxes? Is there a tool for tracking the value of crypto when you earn it and spend it? Or do you simply treat it like money in the bank? I’m curious what the mechanics of accounting are.
In fiat, the accounting assumption is that a dollar is a dollar all day every day. When we pay bills with crypto, it’s going to be a different amount depending on the market. That’s what makes me nervous.
RE: Only Crypto In The Wallet: How We Managed To Live Years On The Blockchain