Re:Attacking the DeFi ecosystem with flash loans for fun and...
by imtringued on Sunday January 17, 2021 @03:46AM
(#25809221)
Big question. Why would I want to pay capital gains taxes on my coffee?
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Re:Attacking the DeFi ecosystem with flash loans for fun and...
by fidelramos on Sunday January 17, 2021 @05:19AM
(#25809601)
I don't think anybody wants to pay capital gains taxes when purchasing things with cryptocurrencies. Fortunately there are countries with a sane tax policy regarding cryptocurrencies where you don't pay taxes on cryptocurrencies, such as Portugal [0]. Maybe Americans should be pressuring their government for changes to the laws so cryptocurrencies can be useful for payments like they were originally intended?
[0] https://www.forbes.com/sites/kellyphillipserb/2019/09/19/por...