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53466016 No.53466016 [Reply] [Original]

why are people taxed for crypto transactions when there's already an established precedent of not taxing virtual currency <> virtual asset trades in MMORPGs

>> No.53466552
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53466552

>> No.53466595

>>53466016
Google what kryptos means in ancient greek. If you willingly give out your info you deserve to be fucked.
Literally goes against anything what satoshi says. Why nit just also included the state in your marriage

>> No.53466607
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53466607

>>53466552

>> No.53466649

>>53466016
Because most people don't buy and sell MMORPG items for money. Imagine taxing a 7 year old because he traded his Pokemon cards in school

>> No.53466696

>>53466016
Only happens in first world countries, is kind of paying for your safety and quality of life with your money.

>> No.53466721

>>53466649
what makes a web3 collectible different from a pokemon card or a sword bought off the auction house using virtual currency that has a monetary value

>> No.53466747
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53466747

>>53466607

>> No.53466798

>>53466016
because crypto has direct convertability to cash and so they tax because they can. if they could tax stuff like wow gold and not have people just stop playing wow because it would be stupidly expensive they would tax it too.

>> No.53467048

>>53466016
This question is the same as "Why do Jews exist?"

>> No.53467187

>>53466721
Intent. Most nfts are like crypto, meant for speculation. The purpose of a Pokemon card or mythical MMORPG sword is for play.

>> No.53468132

>>53466649
Why wouldn't we tax this anyway? Fucc 7 yo fucc pogymans.

>> No.53468157

>>53466721
pokemon to pokemon trades are unironically a taxable event. it's just that theres not a permanent and immutable record for them. if there was, you could bet that theyd be looking to get money for it

>> No.53468555
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53468555

>>53466016
GOOD FUCKING QUESTION ANON
GOOD FUCKING QUESTION INDEED

>> No.53469602

>>53466016
with zero or NEAR zero transaction fees, why couldn't you trade btc for matic with some anon over the internet in small, low risk increments?

i.e. using lightning, trading $.50 at a time a thousand times to trade $500

so if the person is a fraud, you only lose $.50

how is there not an app for this already

>> No.53469634
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53469634

>>53466747

>> No.53469642

>>53466016
The government doesn’t have to abide by its own rules. It can just make them up whenever it doesn’t feel like abiding by them.

>> No.53469737
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53469737

>>53469634

>> No.53469755

>>53466016
now you know how to get them off your back

>> No.53470171

>>53466016
If you don't want to be taxed or over taxed, move your funds to privacy protocols and stop complaining, you idiot.

>> No.53470253
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53470253

>>53466016

>> No.53471052
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53471052

>>53468555
trips of truth gentlemen, trips of truth.

>> No.53471625

>>53466595
>muh satoshi says

Satoshi Nakamoto literally translates to Central Intelligence in Japanese. Youre not enlightened