Correction: the $200 limit would apply to the gain or loss involved in the #Bitcoin transaction purchasing goods or services.
Catch everything in the article below:
https://bitcoinmagazine.com/business/heres-whats-in-senator-lummis-bitcoin-bill
JUST IN: #Bitcoin transactions up to $200 will be tax free under Senator Lummis' new bill, encouraging use as currency 🇺🇸
I kinda hate this account. The only reason it's not blocked is because I like being aware of the weird stuff that side of the "culture war" thinks. I don't even try to spotlight the different things that I staunchly disagree with, or that make me angry, that they post. I don't want to be that guy you know...
But this was just so weird...