What if you bought $5000 of a coin and it doubles, now suddenly you need to disclose this? That's dumb, it's not my fault the dollar is getting debased and demand for scarce assets rises.

exactly! and there are also many loopholes to try and avoid taxes and stuff because this is a completely new thing that they can't control the way they are trying. Slowly though it hurts them when they see the average joe earning some good money without workings 12 hours for 1000$

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