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RE: It's official, cryptocurrency has at least 3 million users! But tax complications threaten to rub out all legitimate use cases
And you don't think these rules are too complicated for casual people? I don't understand all this stuff, and probably no one but a tax lawyer will. This will keep cryptocurrency from mainstream adoption.
What you're saying basically is we all need to consult with a CPA to participate in Steemit in a significant way.
I'm not even sure two tax lawyers would agree.
I would agree with you on that!!!
Tax laws, in general, are far, FAR more complicated than they should be.
What I'm trying to do is to make it so that a CPA isn't necessary.