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Planned

Tracking BTC Purchases for Tax Purposes

Description: Track each BTC purchase by the user, recording the amount and the purchase date to manage the 1-year holding period required for tax exemption. Requirements: Transaction Logging: For every BTC purchase, log the transaction amount (X BTC) and the exact purchase date. Holding Period Management: Implement a mechanism to calculate the 1-year holding period for each purchased BTC amount. Data Storage: Store UTXO (Unspent Transaction Output) details associated with each BTC purchase to track their individual holding periods. Acceptance Criteria: All BTC purchases are accurately recorded with the correct amount and date. The system correctly calculates and updates the holding period for each UTXO.

ARN0NYM 5 months ago

4