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RE: Why privacy is so important and the dangers of being on a Steemit "rich list"

in #steemit7 years ago (edited)

Hi, moving SBD to Steem is really not a significant step as long as SBD stably tracks to 1 USD, but SBD and pure STEEM are separate assets trading in Bittrex. In other words, if SBD lost stability and became a volatile token, trading from SBD to STEEM could create a more significant gain (or loss). The most two important tax events if SBD-USD FX is stable are (1) receipt of the SBD/SP reward and (2) cashing out to BTC/USD. This is all just my personal view of course.