That would be a stupid idea for the US government. They want to encourage crypto because they know it’s unbanable and if the US doesn’t control it then other countries will.
This is only the beginning, there will be a massive crypto tax-reckoning in the coming years and it will, unfortunately, come on the backs of relatively small time investors.
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[ 3.0 ms ] story [ 16.9 ms ] threadSprinkled with a dash of the newly wealthy who aren't informed about legal ways to dodge taxes.
Somehow, I am less than surprised that population includes a large percentage of folks tax authorities would be interested in...
Which has nothing to do with the technology itself, only those it's marketed to.