LuckyHash

In my view, all crypto mixers are always getting a red flag observation by the government most especially coming from USA regulatory bodies. Though there is always a debate on the importance of mixers and how they can…

I was buying and reselling BAYC, and I had a lot of APE COIN. The coin and the project were very promising, but they didn't live up to expectations. I managed to sell all my APE coins in time, so now searching for new…

I am here in Asia and I understand that for whatever reason Facebook can ban us from using or doing business like advertising on it. What I understand is that Facebook is using A.I. in dealing with things like this. I…

Unfortunately, I could not really sense that there is a united and solid voice of crypto holders, enthusiasts and supporters in the USA. I am suggesting that there should be more coherence in fighting and standing to…

Also look at the terms used in the IRS document you linked. All of the examples they give involve "virtual currency" (their term) and "other property" (their term, emphasis mine). All the examples they give also involve…

Sorry, I chose a bad example. Replace house above with "digital house." So the 2nd example I gave, now suddenly it is taxable. But there is still no extra $20,000. You cannot sell a fraction of a digital house (in most…

But that is semantics and depends on your definition of what is realized. Imagine you buy a house for $50000 and it is later valued by an appraiser at $70000. Is that a realized gain? Probably you would say no. Let's…