ICO Greed? IRS is COMING
ICOs are becoming more and more greedy, EU has new rules that are important to everyone working with blockchain, IRS wants crypto taxes.
https://www.ccn.com/french-finance-minister-reverses-course-touts-cryptocurrencies/
https://news.bitcoin.com/icos-are-keeping-more-of-the-pie-to-themselves/
https://www.ccn.com/gdpr-a-game-changer-is-coming-for-cryptocurrency/
https://news.bitcoin.com/the-race-between-segwit-and-bitcoin-cash-is-heating-up/
https://cointelegraph.com/news/irs-warns-taxpayers-to-include-crypto-on-income-tax-returns
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Some regulation can help the market grow in long term. I am somewhat concerned that the regulation can be too tight since IRS wants $$$$. @ivali what do you think?
I'm used to talk with ICO projects on my daily work and is not rare to hear things like "we raise X millions because we can, not because we really need them", so yeah there is greed, independently of the IRS / EU regulations :)
Hi Ivan.
Thanks as a;ways.
A lot of icos are also only doing private sales at all and no crowd sale anymore. I think they are a little bit afraid that the hammer from the SEC will hit them otherwise.
Unfortunately greed and cronyism is the flip side of 1000X returns and is what happens when there is no regulation in a market. I hope that the crypto community makes a big effort to regulate itself and define some rules of best practise that can be used as a template for future ICOs.
Counting him watch live streaming You Can not Know Anything From Taxes It's like laughing microorganismus. Good Thoughts for Reminding
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Your captions are very beautiful, every post in your post is found online, you can find many beautiful post brothers
ICOs become even more greedy, because they want to make it bigger. Work with BlackBean
Ok gonna watch live streaming. You cannot hide anything from taxes. Its there like microorganisms. Well thanks for reminding
For future viewers: price of bitcoin at the moment of posting is 8387.00USD