Australia's largest stock trading and investment forum Australia's #1 stock forum

I think this fall flat on it's face in Australia considering the...

First 8 Last

Share
Profile

Follow
chris

8,125 Posts.

34

10/06/20

09:30

Post #: 45127642
Share

Originally posted by skypiliot: ↑

essentially centrapay has digitalised through their wallet the process of acting as the middleman in collecting and exchanging BTC for fiat.I would expect the range of companies to do this to expand both in companies signing up to do this and types of wallets being accepted . For the user i.e. the person using BTC to purchase is this really much different to the vendor accepting BTC . For the vendor centrapay is effectivley operating in the same way as a credit or debit card in that a credit goes into the vendors account probably with a small fee deducted

Expand

I think this fall flat on it's face in Australia considering the ATO recognises the exchange of BTC to Fiat as a taxable event.
Upvote

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 8 Last