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RE: A funny thing about Ripple is that, the main arguments against it always seem to make it look like a better deal...
The terminology is starting to be really weird here. I mean not all of what some people call cryptos or cryptocurrencies are actually currencies or cryptocurrencies.
For example now we have these platforms like STEEM, Ethereum, LISK, NEO, etc.
For NEO you are basically buying shares and they give you GAS which is it's internal currency. If you hold NEO shares how do they tax you? Same as stocks or as if you would have a 'normal' share in a company? ...
How do they tax you for utility tokens? How for tokenised securities?
It would be a bit stupid if they pull out a flat % tax bills for all the above. But if they do otherwise it will probably be a mess when people report taxes on their crypto assets.