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RE: The Old Dog Discusses: The Tax Man Commeth! Will Someone be Building an App?

in #taxes6 years ago

Owk to me this is good news even though I know some might think otherwise. I have always said that the problem isn't being taxed of regulations placed on crypto. Right now ,out major bone of contention is general acceptability if crypto. If we can't win that battle then we can't win the battle of taxing.

So I guess we should focus more on getting crypto out there until everyone agrees that crypto is a currency like every other currency as stated here...

The tax office therefore considers the crypto as true foreign currency.

Once wev been able to do this then we can relax and fight those imposing tax and other regulations on crypto.

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