/biz/ - Business & Finance

>>28709724
But that’s the thing, the only way we can really make money in crypto now is through swing trading, and assuming you make it doing that, guess what? You have to pay tax on 37% of what you made whether or not you cashed out. We can’t afford that shit. Meanwhile all the industry players say whatever and either register all that shit overseas or have such deep pockets that doesn’t matter to them. The way the IRS has this set up is almost guaranteeing jail time for us all.

>>28512183