Re: The End of Anonymity and the Start of Tax Hell for Crypto
Governments are dreaming of removing anonymity from Crypto. They see Crypto as a taxable goldmine and they want to cash in.Any thoughts? Check the post on Medium on the topic.
https://medium.com/tabularasa/the-end-of-anonymity-and-the-start-of-tax-hell-for-crypto-38de53cb04c6?source=friends_link&sk=98093ecd7ca8c2753047cbc656c73936 (link below bypasses the Medium paywall)
Any thoughts?
Not really surprised, I mean did we really think that we were going to get away with not paying taxes on our crypto earnings for a long time? It is also a good thing because if the governments have a way to tax the earnings then they have nothing against making the coins legal for general use which in the long run is a win win for everyone involved