If you use your LN address to directly convert sats to your ...

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npub1x9q89st049pnuym57ch9kqkgzcu5dmff32wduwc4g9gnc2w3nlls8hcsg7
hex
abe39bd29ef179cad1ba428af1dbbf98a24e209078b876a0fe422bbdf1ec67c5nevent
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If you use your LN address to directly convert sats to your bank, does this create a taxable event or the bank never understands that the source of funds come from Bitcoin? Also do you report transaction history to taxing authorities? I’m asking because you claim transactions in the wallet are private.
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"content": "If you use your LN address to directly convert sats to your bank, does this create a taxable event or the bank never understands that the source of funds come from Bitcoin? Also do you report transaction history to taxing authorities? I’m asking because you claim transactions in the wallet are private.",
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