US Treasury Guidance on Virtual Currencies (aka Bitcoins) 13 years ago
And how would that work if, for devils advocacy sake, someone hires an ec2 with gpu's instance in (say) Canada and mines using that computer ?
Is that not a 'foreign exchange' ? Is the de-centralised currency then 'taxed' on the location it was mined, from the initiating location or the final destination ?
This headache has only jst begun..