I recently watched a video about Nevada's Senate Bill 398 that seems to prohibit taxes on blockchain technology. Below is the bill and the video. I'd recommend watching the whole video.
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Yes!!!!! Taxation is THEFT!
Funny how many libertarians / volunteerists we find in crypto.
Indeed, legalized theft - unlawful.
What's bad about the vote, @protrado?
For sure.
I may have to leave ARIZONA and move to Nevada and get more Crypto's because of this New Law..........Less TAX and more FREEDOM
Tax...just legal slavery.
Great news!
Other states need to wake up and take advantage of the opportunity to become hubs of innovation. Those states/nations that don't will take a back seat to those that do. We've yet to see bitcoin or not infinitely supply scheduled crypto's primary use case, specifically a hedge against hyperflation during a global recession. It's coming, innovate & accomodate or be left in the dust with your regulations and ponzi entitlements.
yess thats what im talking about thinking of moving to Nevada now haha thanks for the info
Awesome info for newbes like me...
Thanks,,, resteemed, & up-ed
Beautiful, the decentralized aspect of blockchain is not being compromised or restricted!
Maybe related to casino industry eventually incorporating it? Or like your saying maybe new companies locating here like Tesla...
That will give crypto a new boost in common adoption!
Amazing!
There are three things certain in life:
-Death
-Taxes
-Cryptocurrency XD
Nevada doing some good to society through this bill.
Thanks for the info
good news and a bad news
Upvoted, resteemed and followed. Love government getting out of the way of the free market.
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Now I have a reason to move to the desert...