you know, of the feds just create their own bitocoin farm, and other cryptocurrency farms and just mine the hell out of coins, they wouldn't need to tax the average american citizen... darn u woodrow wilson!
RE: Valuing Steem Rewards As Taxable Income Is A Vast Overstatement Of Tax Liability - Part 1
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Valuing Steem Rewards As Taxable Income Is A Vast Overstatement Of Tax Liability - Part 1
I bet it would be too late to catch-up with the Chinese mining operations now, plus most Bitcoins are already "out in the wild".
On the other hand, I have heard of a few Bitcoin mining farms in the Mid/Western US getting government grants or loans for setup. Somewhere like...North Dakota? I forget.
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