17Commentary 17C @17Commentary
27 March, 05:32
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.

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Tank Patriot @TankPatriot
IRS is already fooked. but makes sense
05:33 PM - Mar 27, 2022
In response 17Commentary 17C to his Publication
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