Birdwatch Note Rating
2024-02-07 17:11:08 UTC - NOT_HELPFUL
Rated by Participant: 178FF7545C0D6EBEBEC9CC4C64C470499B7A93E932450D3BBCB61CED810E9C9E
Participant Details
Original Note:
Bitcoin isn't fungible or widely accepted The limited capacity (7 transactions per second) limits its use In most countries, Bitcoin is treated as a commodity, subjected to capital gains tax when spent For all these reasons, Bitcoin may not be accurately labeled as money https://news.bitcoin.com/sec-chair-gensler-bitcoin-is-a-commodity
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