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Mini data sheet on tax implications for cryptocurrency trading in the United States
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<blockquote data-quote="The Beast1" data-source="post: 1108096" data-attributes="member: 4882"><p>What are you trying to argue JJG? Relax, you're in agreement with me. </p><p></p><p>Take some time to re-read my post. I wasn't attacking your emotional investment in cryptocurrencies. Instead I was merely bringing up concerns that should be weighed and considered. </p><p></p><p>Governments around the world can and have very much waved their regulatory wands to make our lives more difficult . The US government was able to make foreign banks spit up private information on citizens abroad and desecrate the basic fabric of trust every US based tech vendors' security. When it comes to digital anything, it's best to be err on the side of caution, especially when it has such a strong ability to usurp the financial systems of the rich and powerful. </p><p></p><p>Don't think for a second uncle sam can't make things wicked miserable for us. I'd be quite unhappy if my investment collapsed in value because some nitwit at the SEC made some arbitrary ruling. </p><p></p><p>First it's taxes, but what's next? I constantly scan the horizon for changes in the regulatory atmosphere. Shit like this can change on a dime!</p></blockquote><p></p>
[QUOTE="The Beast1, post: 1108096, member: 4882"] What are you trying to argue JJG? Relax, you're in agreement with me. Take some time to re-read my post. I wasn't attacking your emotional investment in cryptocurrencies. Instead I was merely bringing up concerns that should be weighed and considered. Governments around the world can and have very much waved their regulatory wands to make our lives more difficult . The US government was able to make foreign banks spit up private information on citizens abroad and desecrate the basic fabric of trust every US based tech vendors' security. When it comes to digital anything, it's best to be err on the side of caution, especially when it has such a strong ability to usurp the financial systems of the rich and powerful. Don't think for a second uncle sam can't make things wicked miserable for us. I'd be quite unhappy if my investment collapsed in value because some nitwit at the SEC made some arbitrary ruling. First it's taxes, but what's next? I constantly scan the horizon for changes in the regulatory atmosphere. Shit like this can change on a dime! [/QUOTE]
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Mini data sheet on tax implications for cryptocurrency trading in the United States
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