"You will eneed to check this out with you raccoutnatn. You are taking them on with value but I guess the value s not taxable. So its an other income account - non taxable income.
Another way would eb to take them on as a stock purchase wiht…"
Each year I get lambs some of which I sell others I keep as breeding stock. I have 2 categories - Breeding Stock Inventory and Sales Stock Inventory what would be the other side of these transactions when they are lambs born on the property ? See More
Will blockchain be enduring? – of course. Will Bitcoin be enduring? - not likely.
Unless you are familiar with the terminology of blockchain, having an argument about its future is like arguing with a physicist about the Big Bang. Right now the myopia caused by ignorance centres the crpyto discussion on Bitcoin, store of value and speculative demand. The real delivery of money, the medium of exchange and the unit of account that blockchain brings to anything from IOT…