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RE: How Newly-Passed Tax Reform Hamstrings US Cryptocurrency | An ELI5 w/ Examples |

in #bitcoin7 years ago

Already mentioned in Cointelegraph. Bad news for US Citizens and centralized Exchanges in the US.
The future will see a further rise of privacy focused crypto and dezentralized Exchanges.
Rise of crypto is indirectly proportional to Negative Real Interest Rates and trust in goverments/central banks/institutions.
"value" of crypto = f(1/trust*NRIR)

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Thanks for commenting! I agree, this is a huge hit for the US markets. I am unsure of whether the legislation was made for specifically crypto alone, but either way it is going to have a very large impact.

Any plans to open a office in Dubai?

cryp is having a huge vital effect on us but if it should be tradered but i guess it should have effect on us to probably loose interest. steemit, post and earn

I agree 💯👍 just followed you

Thanx and refollowed.

Thanks 👍