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RE: Will Crypto Ever Be Fully Taxable? Is Any Money Fully Taxable? And, Of Course, Should It Be?
Governments are in a bit of a bind: on the one hand, many want to dismiss cryptos as a bubble with no substance - hoping that they will disappear. But on the other hand, they want to tax them as (legitimate) assets. Which is it?
VERY important question and it really reveals the hypocrisy that can sometimes go on in the Government!
Absolutely!