Quote from: smb4291 on November 17, 2017, 01:21:16 AM

Hello BA,

Thanks for giving us this opportunity to ask an expert in this field. Your knowledge and commitment to educating many is doing a great service for the crypto currency community.

I'm extremely angry that the US government can all of a sudden declare BTC as a form of security and in doing so is trying to scare people into thinking this is true. My understanding is that a BTC transaction is a peer to peer event where 2 parties agree to sell or buy it at a specific price. It is not a business and has no CEO or Board of Directors. How can they and why do they have the power to threaten us if we don't pay taxes on our gains??

Also, I've read many places that if you use Tether or other related tokens and buy Tether with BTC to park you funds it is not considered a liquidation transaction and is not considered to be capital gains...is this correct??

Thank you for your time sir

I am not a tax attorney. The SEC does need to regulate ICO's as a lot of people can get hurt.

George D. Greenberg, Esq.

www.attorneybitcoin.com