Bitcoin is supposedly a commodity according to the gubmint, correct?
Game time:
Name for me a commodity that requires some inputs, some worky things happen, a commodity is created, a commodity is taxed because it now exists, a commodity is taxed because it was sold. Answer?
Now, name for me a commodity that requires some inputs, some worky things happen, a commodity is created, a commodity is taxed because it was sold. Answer?
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Why the collective corporate mining industry hasn't realized this double taxation theft and resolved this through lawfare is preposterous to me. They could meaningful improve profitability through this one argument.