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RE: Thoughts on crypto and taxes

in #blockchain6 years ago

Paying taxes sounds fair to me if all citizens are obliged to pay them. Which is not the case. You can have bank in tax heavens like many billionaires or donate them to charity, which through some weird way allows Amazon to greatly reduce their taxes. I would begin with the two. Only then politicians should talk about crypto. Perhaps, they will know what it is by then.

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I see your point, although I think it would be better if crypto was treated as currency instead of property because it could help with its adoption.

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