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> More likely, the United States would take a tougher approach and attempt to ban cryptocurrencies. This article is pure conjecture. If the government has an
by ajsharp 9y ago
> More likely, the United States would take a tougher approach and attempt to ban cryptocurrencies.
This article is pure conjecture.
If the government has an opportunity to collect tax revenue, it will. Collecting tax on cryptocurrencies is theoretically straightforward: Require exchanges to report in the same way stock brokers do, or they're banned from operating in the US. As an investor, you get taxed on your realized capital gains / losses.