If you buy anything with btc you are essentially selling it. The UK hmrc requires you to record the GBP price at that point and use that for capital gains calculations.
Not sure how it works in other regions but I would imagine it is similar.
gart / Gart
npub1jv…p6wv3
2023-03-17 08:45:06
in reply to nevent1q…6ssk
Author Public Key
npub1jv6vjgtzy9m2swfpxj5sffavdesy94ru49ek2tv42e27t2dw8keqmp6wv3Published at
2023-03-17 08:45:06Event JSON
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"pubkey": "9334c921622176a8392134a904a7ac6e6042d47ca973652d955655e5a9ae3db2",
"created_at": 1679039106,
"kind": 1,
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"content": "If you buy anything with btc you are essentially selling it. The UK hmrc requires you to record the GBP price at that point and use that for capital gains calculations. \n\nNot sure how it works in other regions but I would imagine it is similar. ",
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