4 ms·
What may be semantically true may also be quite different than peoples perceptions. And peoples perceptions and how they functionally treat crypto is like a cur
by josho 5y ago
What may be semantically true may also be quite different than peoples perceptions. And peoples perceptions and how they functionally treat crypto is like a currency, it's even in the name. So, I strongly suspect if you tried to argue that position in a court of law, or even in a debate amongst tech. peers you would come out on the loosing end. Regardless, I appreciate your perspective. Thank you for sharing.
- bradwood 5y ago"Cryptocurrency" is well understood to be a misnomer. The correct term is "Crypto Asset" as, at least according to most tax legislation, it is not a _currency_. Currencies do not attract CGT on disposal. Assets (like crypto) do. This is a big difference