/biz/ - Business & Finance

>>26386371
Maybe you can refute my arguments instead of eating shit or makin appeals to authority

Emin is a theoretically inclined professor. His twitter handle is el33hax00r, so cringe. Theorists always get hit by the real world. Such as assuming software wont have security vulnerabiliites when designing a consensus algorithm.

Why are mutts so retarded?

Every crypto-event is taxable. PER YEAR.

IRS just wants to know EVERY trade you made.
To calculate and audit trace what your PROFIT or LOSS is PER YEAR.
Thats what you pay taxes on.
You report your taxes ANNUALY not daily.

You dont pay tax on taking profits at 40k and buying back at 30k.
You calcuate your profits or loss over the entire year and thats what you end up paying - or moving on to next year.

>>24419201
Here, fine... I'll do it right now.
Ahem, ok.

So, if you look very closely and read it you will realize that it is wrong.