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RE: Finally Bringing My Non-Crypto Friends To Splinterlands!

in #splinterlands11 months ago

Ha, I'm quite confident on that part - I'm a loyal guy so not changing on my end and I've made it very clear to them that the money could be just gone if things go south. Wouldn't bring anybody in that would hold it against me if they lost their money.

The tax part is pretty sweet indeed. Cryptocurrency is considered as "things" in German tax law - and you are free to sell things you owned for a year taxfree as long as they weren't used for income generation. Thus the SPS will just sit in their wallet and do nothing.