I would like some smart and experienced people help me figure out those questions i have about #crypto as a form of payment and #pi in particular.
1- If a coin is widely accepted between people and businesses to trade for goods and services. How those businesses will report their sales and taxes. If i sell 1 item for 100 pi, how my state will tax me? Hope i am clear here.
2- I see pi data in exchange and net money flow is super negative. In short about 5 mln pi are being sold everyday. But my question is who is buying those pi? If they are being sold it should mean someone is buying.
3- Is there a platform to scan pi network team if they are selling coins or its just pioneers that panic selling