Backwater_Mining_Collective on Nostr: First of all, this is amazing. Secondly, if a business decides to accept bitcoin with ...

First of all, this is amazing.

Secondly, if a business decides to accept bitcoin with Square and settled in 100% USD, is that considered a taxable event? Would the "gains" be neutral in that situation since it is instant?

Don't want vendors coming back to me after I show them how to accept bitcoin and complain that they are paying a bunch of extra taxes...