Quote from: figmentofmyass on February 05, 2019, 06:12:38 AM

Quote from: coinluck43 on February 05, 2019, 03:50:49 AM

The Token Taxonomy Act presented by Representatives Warren Davidson and Darren Soto will help bitcoin and cryptocurrency get acceptance for massive adoption. Share your thought.

it probably won't pass. call me cynical, but it's a little too friendly to crypto. tax exempt like-kind exchanges would be allowed, a $600 tax exemption on gains from spending coins, and exemption from all existing securities laws......it reads like a pipe dream, just too good to be true.

But it would push those exchanges to want to be operated and ran in the US, it's a great opportunity for the US to have silicon valley 2.0