Hi there @cryptoeater - I was only wondering today if there would be tax implications for earning income in the cryptocurrency world and I was going to ask #teamaustralia .

Do you know how the ATO currently views cryptocurrencies? As in are you expected to declare the income? And if you did have to declare the income are you allowed to claim the related expenses ( internet costs, travel etc).
I appreciate this is fairly new for governments to make rulings but have you or anyone you know declared this income or been challenged about the income and expenses.

Thanks!