Comment Re:Can someone clarify the state of BitCoin? (Score 1) 134
Tax-wise it seems tricky. It seems (you're nuts if you take advice from a random stranger on this) that it's considered an asset, and if bitcoin gains in value you have to pay tax on that
Like most assets, don't you (in the US) just pay tax on it when you sell it and realize a profit? Just like stock?
That doesn't seem tricky at all.