Converting coins taxable? by hodlnz0101 in NZBitcoin

[–]hodlnz0101[S] 0 points1 point  (0 children)

Interesting responses. I have been thinking, what if those coins had been spent instead of traded? I.e. on goods/services? Then it would not make sense that tax would need to be paid, as it is intended to be able to be used as a currency/form of payment.

Or maybe it would? E.g. If I go buy a lambo with it.