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RE: LOOPHOLE for the New 2018 Tax Law that Taxes All Cryptocurrencies in US

in #bitcoin7 years ago

I am not surprised this will happen in the near future just as I expected it. It was really like going smoothly doing bitcoins and crypto-trading over a year ago without these tax implementation on every profits that you make on trading. Crypto has been spread virally and some government agencies are trying to hold people from delving into this kind of wealth distributed equally to all of us by banning crypto trading in China and making capital gains taxable in the US. All we need to do is balance our activities from doing traditional business and online earnings very well so that If one time we wake up and there would be a resolution to ban all cryptos all over the world then we will all be prepared for the outcome.