It is great that he is crypto friendly, but I would like to know more about his position on taxation and regulation as well.
I don't want him giving away 1000 free bitcoin a month.
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It is great that he is crypto friendly, but I would like to know more about his position on taxation and regulation as well.
I don't want him giving away 1000 free bitcoin a month.
It all depends upon if the cryptocurrency is deemed a commodity or cryptocurrency. If it's a commodity, the tax by transaction is based upon your cost basis, as commodity trading currently stands. If it's a security, it would be taxed similar to stock capital gains.