You are viewing a single comment's thread from:
RE: Texas Is Not Friendly When It Comes To Cryptocurrency :(
I think they have problem with cryptocurrencies being used as currencies. I think we should word these currencies as assets to avoid getting shut down by the authorities.
That's exactly what they want you to do. They want these cryptocurrencies to be thought of as assets so that every purchase you make with a crypto coin is taxed double because they count it as selling one asset, converting it to fiat, and buying another asset with it.