When do you have to pay taxes on Mahalo dollars? Are taxes paid on real dollars transferred to paypal?

I reckon you will have to pay taxes on mahalo dollars when you get them in your paypal account. I would not be declaring mahalo dollars, a virtual currency until they were actually converted into real dollars. I declare on my paypal earnings on my tax return.

But until I receive a payment from mahalo these mahalo dollars will remain undeclared.

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