US now defines Bitcoin and digital assets as cash—for large transaction reporting - CoinGeek:
https://coingeek.com/us-now-defines-bitcoin-and-digital-assets-as-cash-for-large-transaction-reporting/
I heard voices in crypto space saying it's a good thing but that's an extremely naive view. They'll just move from having a rigged centralized system to a rigged decentralized system by luring everyone into a mediator who'll opt in "for their own good".
US now defines Bitcoin and digital assets as cash—for large transaction reporting - CoinGeek: https://coingeek.com/us-now-defines-bitcoin-and-digital-assets-as-cash-for-large-transaction-reporting/
I heard voices in crypto space saying it's a good thing but that's an extremely naive view. They'll just move from having a rigged centralized system to a rigged decentralized system by luring everyone into a mediator who'll opt in "for their own good".