Events

Discover Events My Events

Blogs

Discover Blogs

Marketplace

Discover Marketplace

Groups

Discover Groups My Groups

Pages

Discover Pages Liked Pages

More

Popular Posts Discover Posts Funding Offers Jobs Forums Games Developers
Marketplace Blogs Pages Groups
Events Jobs Offers See All

Forums

Cryptocurrency Forums - Join the Bitcoin Chat and Forum - Live Bitcoin Discussion about cryptocurrency trends and Chat Platforms.

  2. Further Discussions
  3. Legality & Taxation of Cryptos
  4. Biden’s capital gains tax plan to pull crypto down to earth from the moon?

Biden’s capital gains tax plan to pull crypto down to earth from the moon?

charlielee
2022-10-28 05:09:03

There are often multiple causes for an asset’s sharp decline, but Bitcoin’s (BTC) 10% “nosedive,” which took place on April 22, may be blamed on the Biden Administration’s reported plan to tax capital gains at double the current rate on... See more for yourself here.

Your opinion is greatly appreciated.

Post Reply  
dianasmith
2022-10-28 05:09:29

Double tax on capital gains? Oh no that's huge enough to make the market take a nosedive. I want to believe that Biden's administration will be more friendlier to Bitcoin and cryptocurrencies as compared to the previous administration. Besides we can already see it as the recent run started with the ousting of the previous administration which i believe was not any friendly with the technology and contributed to the bear market that lasted several years.