Thank you for your amazing reply.
Im not sure if we tremendously lost during G20 but definetly. But since regulations are only postponed till july then we will experience loads of FUD again within few months.
Im not sure from which part of the world are you but where I live (Asia + sometimes east europe) there is pretty much still no regulations at all. Noone knows how to pay taxes and without that knowledge it's going to be hard to convince many players to get back and invest into crypto market.
What I need is simple: I want basic regulations that would allow me to pay taxes and would assure me that value of entire market will not be crashing because of another politicians talking some heavy stuff about regulations.
ps.
I believe you should write entire post about your own view. Not just a comment. Many others would probably like to hear you out. I definetly did.
ps. 2
I would love to stay in touch with you a little bit closer as I value your knowledge and your input. And we could support each other.
Plus you're very responsive which is absolutely great.
Perhaps you could send me short email to [email protected]
Yours,
Piotr
Great suggestion, @crypto.piotr, to write a whole post on the subject. I agree the delay till July will more than likely produce a lot of FUD in the markets. Although, I believe a lot of projects will start to really mature in that timeframe too in very positive ways. So it should be interesting to watch how things unfold. July just seems a bit unrealistically too soon for very much progress in my view.
You make a great point too on making whatever regulations there are simple. Although, making things simple is very rare in gov. tax regulations of late... All the more with crypto, where one can trade crypto to crypto. It was my understanding that much of the world already views crypto as a taxable asset that capitol gains would apply and those that don't generally follow a "wait and see"moratorium, like Bill Clinton did in the 90's on the internet, which most of the world did as well. It's such a complex matter with crypto, because so many different applications have so much potential to really change things for the better.
All the best
You are the fastest replying person I came accross in a very long time hhahaha :)
I love it! :D
Please let me know once you will upload your post. I will love to read it.
Hahaha... A post on this will probably take some time to really give it the credence it deserves. I'll remember to let you know though... Thanks