@WSJ Because they do not meet the definition of currency. They are more like a commodity and should be treated as such.
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RT
@WSJ IRS says it will treat bitcoin and other virtual currencies like property, not currency. http://on.wsj.com/1gykHxoThanks. Twitter will use this to make your timeline better. UndoUndo
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Higher/lower taxation?
@WSJ: IRS says it will treat bitcoin and other virtual currencies like property, not currency. http://on.wsj.com/1gykHxoThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ IDIOTS ? THAT WON'T SOLVE THE PROBLEM . PUT THE BASTARDS IN JAIL . OK?Thanks. Twitter will use this to make your timeline better. UndoUndo
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“
@WSJ: IRS says it will treat bitcoin and other virtual currencies like property, not currency. http://on.wsj.com/1gykHxo ”Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Isnt that is the proplem? ALL currencies should be treated as property.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Wed script for
@tomkeene MT@WSJ: IRS will treat bitcoin & other virtual currencies like property, not currency. http://on.wsj.com/1gykHxoThanks. Twitter will use this to make your timeline better. UndoUndo
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@dreeelizabeth@WSJ 1st, WSJ's 0 read paywall is ridiculous - went and read about it on @BloombergNews -
@dreeelizabeth 2nd, It'll be interesting to see how this shapes things to come.
End of conversation
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