u/Extreme_Service_4390

Hey everyone,

Every time i spend BTC directly i have to track the cost basis, calculate the gain or loss, log everything. Multiply that by every daily purchase and by the end of the year it's a mess.

Someone told me switching to stablecoins for daily spending is way simpler from a tax perspective since there's no capital gain to calculate on each purchase.

Is this true or am i missing something