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RE: Valuing Steem Rewards As Taxable Income Is A Vast Overstatement Of Tax Liability - Part 3 - Powering Down - "Steem Power" Is Not a Tradeable Asset, It's a Proxy For Value Like A Stock Option

in #taxes7 years ago

I'm happy you found it useful! In order to cash out Steem Power for Steem, you have to power down over 13 weeks. It used to be 52! That got changed some time ago, however, and I suppose that means it could change again in the future.