Bill to Crack Down on Bitcoin?

in bitcoin •  7 years ago 

Has anyone seen this? What are your thoughts on how this could affect the price and the future of Bitcoin?

http://www.zerohedge.com/print/601604

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Make no mistake about it, governments will create reasons real or not to try to do whatever they can to control cryptocurrencies. Bankers and governments collecting tax money is what they are worried about.

Have you taken any distributions from Bitcoin? If so, what's the tax liability like? Is it treated like a stock where you have short/long term capital gains?