RE: The Negative Effects Of High Cryptocurrency Taxes

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The Negative Effects Of High Cryptocurrency Taxes

in bitcoin •  8 years ago  (edited)

I believe it is in the best interest of all cryptocurrency holders and investors to proactively resist any sort of taxation. Cryptocurrencies were developed as a way to decentralize money and blockchain technology makes it possible to bypass or render unnecessary many of the state functions that taxation supports. If crypto is to be the future of money, it must not be taxed. Otherwise, the future is no different from the present.

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couldn't agree more.