A dilemma or something else?
Will crypto be currencies, or will they be classified as crypto assets, as they’re doing now?
The difference in definition is mainly about taxes. A currency would only be taxed when you buy or sell it. An asset, on the other hand, would also be taxed just for holding it.
What do you think?
I thought they were supposed to be decentralized and independent of any control, especially from politicians?
$BTC $ETH $SOL
Will crypto be currencies, or will they be classified as crypto assets, as they’re doing now?
The difference in definition is mainly about taxes. A currency would only be taxed when you buy or sell it. An asset, on the other hand, would also be taxed just for holding it.
What do you think?
I thought they were supposed to be decentralized and independent of any control, especially from politicians?
$BTC $ETH $SOL