This is people should keep investing in crypto without taking their money out and putting it right back into fiat. We should support vendors in our community. Encourage businesses to accept crypto. As far as my understanding goes, in the US you are only taxed on your crypto when you sell it for USD. If you don't want to pay taxes, use crypto for everything.
Yesterday I ran in the producer of THRIVE films and told him all about Steemit and he seemed very interested in crypto community. The cogs are turning. Keep spreading the news that there is another way.
@larkenrose Great points and well stated with the euphemisms. For every bit of light there is a shadow, and the bigger the light, the stronger the shadow.
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"In the US you are only taxed on your crypto when you sell it for USD." Can you give me the IRS guideline where you found this? The most recent thing I heard is that BTC-denominated transactions are taxed as barter.
How can a tax be levied without self reporting? Don't file. Don't comply. Don't self enslave. RESISTANCE IS NOT FUTILE!
There is no one solution, only people coming together in a immutable transparent way will begin to touch upon fairness.
Feels bad to see so many people just cashing out Steem. Keep the Steem in Steem