And also if government starts involving, then there will payment of taxes, lots of regulations and so on..but no doubt , crypto idea is good but overvalued..Bitcoin cannot be 10000$ or 20000$ whatsoever and it is a not a feasible option for exchange at such high price...may be all cryptos come down in future with people getting awared and government intervention
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Miners have been taxed and the irs has been taxing crypto like stocks since 2014 its just very few include crypto earnings.
Yes...and again this irs is difficult to understand and don't know how effective it is.