if XRP is deemed not a security and adopted as a bridge asset, then it’s (to be) a non-taxable asset, no? immediately transferrable to any other asset represented by the ledger, it can be immediately redeemed to a physical asset without ever actually realizing a capital gain in dollars…
obviously fook income/capital gains taxes, but looking short term under the current [IRS] regime.
obviously fook income/capital gains taxes, but looking short term under the current [IRS] regime.
05:32 PM - Mar 27, 2022
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Brett Tescher
@bktastic__
27 March, 05:35
In response 17Commentary 17C to his Publication
solid logic for future events...☀️🌈
However in the meantime, fook the IRS and the SEC!!
However in the meantime, fook the IRS and the SEC!!
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27 March, 05:33
In response 17Commentary 17C to his Publication
IRS is already fooked. but makes sense
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