Re:The political case for a blanket cryptocurrency ban
by Paradigma11 on Wednesday March 31, 2021 @06:20PM
(#26653860)
1.) If they dont sell it, its the same as it not existing or having been lost. Liquidity is not a problem in the PoS blockchains that have been operating for years (for example Tezos).
2.) You have to pay taxes on staking rewards. So unless they intend to lose money they have to sell at least that much.
Re:The political case for a blanket cryptocurrency ban
by jude- on Wednesday March 31, 2021 @08:38PM
(#26655280)
Oh they can and will sell some, and I never claimed otherwise. My point is that they won't sell enough that the buyer(s)' token production rate through staking will exceed their own.
2.) You have to pay taxes on staking rewards. So unless they intend to lose money they have to sell at least that much.