Yeah, the IRS/Feds need to get their shit together. How one(IRS) saying property and the other busting folks for illegal money transmitting? Greedy fucks want to eat the cake and have it too. Because if it's fucking property, I should be able to move my fucking property whenever the fuck I want without worrying about the Feds setting up a sting because I don't have a license that costs an absurd amount of money.
Now that the walllstreet boys getting in, I wonder how NYC will treat crypto. Should be interesting watching states and cities react. I remember Cleveland Heights tried to have bitcoin street 4 years ago. Shit didn't take off then, but might now.
well this game is just getting started, with the irs and their fuzzy definitions.. they might be facing a future push back, like a class action lawsuit by crypto holders, all crypto holders will donate a dollar per trade to fund the defense..
they need to just make it simple when you cash out give them their cut...
before this gets outta control..
yea what nyc does with crypto going forward is about to get really interesting..