Quote from: ladadadiweliketoparty on December 27, 2017, 02:02:00 AM

The last sentence though Cheesy

, oh god can barely contain myself. Yeah I would argue that is the consensus among the community here although that seems to be short-sighted to me. People in the USA are going to get screwed more but there are a few places which you can avoid getting taxed double or even avoid altogether. In the end though you gotta realize 20% is much less than 40-50% which would be the normal rate given how much people are making so we should be happy to pay the little tax we have to.

The only thing I am unclear about: is it just the crypto that we cashed out into $$ that is taxable (on a cost-basis, capital gain) ? or is it every single crypto trade? I am leaning to just treat the former as taxable. It will certainly simplify the accounting greatly.