Great post!
I’m with all the other people scratching their heads that they’re being done under “money” laundering and yet the US Gov do not consider Bitcoin to be money and impose cap gains taxes on it.
This inconsistency will probably be tested here - it might be a can of worms they didn’t intend to open.
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Absolutely, I've been under the impression that a day of reckoning on that question was inevitable ever since the Salvador legal tender law. It seems like a strong argument could be made for Bitcoin being a foreign currency rather than a commodity.
But we're in the stage of collapse where the verdict will be whatever benefits the power structure, so asking logical questions is really a waste of time.