Vlog 197: Taxes and the STEEM blockchain - A tough puzzle.
It's the time of year again where the taxes will come round soon in the Netherlands.
The rules in the Netherlands regarding crypto holdings are slowly becoming clear and they are not bad.
Roughly, you pay taxes (1.3%) over whatever crypto you had on the first of January of any given year.
Of course, this raises a few problems because what is crypto worth at any given time? It depends per exchange or even per second.
I'm going for an approximation of the price and then I'm legit regarding my holdings.
But for STEEM it's different.
Some of my STEEM I bought and that's just like Bitcoin holdings (1.3%).
But some of my STEEM I earned with blogging. And that's raising some difficult questions.
I talk about it more in my vlog.
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