Wisdom

Bitcoin income isn't unregulated

Quote

there's a lot of people out there that misunderstand that Bitcoin is, is a completely unregulated financial instrument. And it's not.

Episode 18: Episode 18 00:59:01 (play audio from this timestamp, opens in a new tab)

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Summary

Dave warns podcasters entering the Bitcoin ecosystem that many people misunderstand it as completely unregulated. Just like ad income, Bitcoin earnings and gains are money and taxable. Check how your local regulations classify it.