99% of crypto is probably going away.
Holding a security instead of a currency speaks volumes to what is planned next.
The infrastructure bill the house just passed with rules and regulations for cryptocurrency reporting is a game changer.
They are classifying digital assets as securities.
Brad Garlinghouse gave some warnings himself which were largely ignored.
There are people sitting at the table with the government, regulators, the biggest banks in finanical institutions.
These Lobbiest are already interfering and will continue to interfere.
See plans Even worse planned effective changes on Crypto Trades in 2023, Tax Filings in 2024*
Cash out and stay out else regret it. Before the Rush and your the one left with the empty bag.
Cryptocurrency exchanges have not previously been required to provide reports to their customers (like traditional brokers do), many taxpayers unknowingly failed to report their capital gains from cryptocurrencies, thus cheating the U.S. government out of tax income.*
Get out. There is no safety net on this Janga block chain tower that is about to fall.
https://www.voltequity.com/post/new-...structure-bill
11-08-2021, 01:41 PM
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