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RE: Is all this legal?
I was kind of thinking the same thing. Once you make money, everyone wants a piece of it. I just don't understand if that's how it works or not. Seems like you'd have to pay tax right away?
For instance of stocks. You pay capital gains tax, and you pay to trade. The bitcoin sites you don't generally pay anything it's all free flowing.
Interested to hear any other points of views or experiences with more experienced cryptos.
Here's a good post for your answers.
https://steemit.com/money/@cryptotax/is-bitcoin-gold-is-taxable-in-the-u-s
Thank you!