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avatar of @nealmcspadden
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@nealmcspadden
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1 min read

I did and did.

HIVE Power is effectively an escrow account held on your behalf by the blockchain. You can't spend it, you can't trade it. So it's not yours.

If you want to get into the weeds, HIVE and HBD received from posts are not capital gains. They are ordinary income and have self-employment tax considerations. The price at which HIVE/HBD are trading that day then becomes your basis for capital gains if and when you trade them later.

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