As you will see by the cards, I had a very busy day yesterday.
And…..for the sake of argument….please hear this out….
THERE CURRENTLY IS NO LEGAL DEFINITION OF WHAT A ‘BLOCK’ IS, NOR IS THERE A STANDARD AS TO WHAT A LEDGER LOOKS LIKE.
Therefore:
THERE IS VIRTUALLY NO TAXATION ON VALID TAXABLE BLOCKCHAIN EVENTS.
We are talking hundreds and hundreds of millions in needlessly lost Crypto tax revenue.
For you Lance, this means pothole repair early and more completely, as you now have the road tax revenue to share with counties
