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The bigger problem is that the automation behind sufficient tracking to make it easier to report is missing - or was. I bought stuff from Bittrex years ago, an
by mancerayder 5y ago
The bigger problem is that the automation behind sufficient tracking to make it easier to report is missing - or was. I bought stuff from Bittrex years ago, and I was forced to buy BTC to convert it to buy something else, Bittrex went away (and never cared anyway), so now I have some headaches to report. I'm glad my holdings were small.
All this goes away if there's automation and agreement among the exchanges. Of course, for those with wallets, I'm not sure what the solution there is. I'm guessing there should be some software one can use to track transfer times + prices and aggregate that, based on address... or something.
- MrMan 5y agoThis will be an opportunity for some middleman to insert themselves. It’s normal. Crypto isn’t replacing civilization it is just another tool and will be subject to the same economies.