@CryptoSorted 25 October 2021 more from that month

Tax them to death... A new tax law is being proposed in the US which will require #cryptocurrency investors to pay taxes on the profits from their investments even before they sell their coins. If this ridiculous law is passed, it will: 1. Force you to sell your crypto when you're in profit, which would keep further price increase in check. Thus reducing the opportunity to make further gains. 2. Make everyone a ninja doing everything to conceal their crypto wealth. 3. Probably discourage people from investing in crypto in the first place. My hope is they also make provision to pay us for unrealized losses on our #crypto assets. At least this will encourage me to gamble more on shitcoins without fear. SOURCE: https://beincrypto.com/treasury-secretary-tax-unrealized-crypto-gains/