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RE: Every crypto transaction in 2018 is a taxable event, as per the new tax law
Yeah, we can think whatever we want, but the politicians/IRS think differently than us and force laws and unjust taxes on us. I can see more people moving out of the US to escape the taxes...
I'm not sure how they will track the amount of tax regarding the purchase of a cup of coffee. This whole thing is a clusterf**k... A money grab by the government so they can squander it on useless crap that we do not need...
I pretty much made a comment like this on a similar post.
For governments to effectively tax crypto, they'd need to throw out their tax laws and start over.
They can try, but they'll fail.