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The level to which Crypto has complicated my taxes in previous years has largely sucked the fun out of the concept. I just sit on my existing hoard like some so
by donatj 2y ago
The level to which Crypto has complicated my taxes in previous years has largely sucked the fun out of the concept. I just sit on my existing hoard like some sort of digital dragon.
A younger, more idealistic me thought some day it would replace cash, but having to track the value of every buy and sell is just too punitive for that purpose.
- tadeegan 2y agoAgree sadly. I shy away from web3 investment strategies like participating in liquidity pools because I'm scared about reporting the taxes correctly. I'm now considering ways of anonymizing my self-custody so that I can avoid this burden. Im basically forced to act illegally to avoid this toil