Nobody thought this will ever happen. The crypto was a part of the U.S senate’s debate over the infrastructure bill. The greatest Regulatory actions ever happened to the crypto market.
The infrastructure bill introduced a new Tax that will be going to get implemented on the market, this tax will be worth 28 billion dollars to the Government. Even tho nobody wants to pay more taxes the news about the U.S government telling us in the crypto industry is here to stay. It means cryptocurrencies will be an important feature in the U.S economy soon. In other words, there will be a new partnership that will benefit all of us.
Think about it, Our government taxes only legal incomes. Alcohol, Marijuana, Tobacco are taxed, tho illegal narcotics and prostitution aren’t taxed at all. If the U.S government will start to tax the crypto industry it will never stop, which means we could profit from it forever, and it’s good news for all of us. U.S government gave us the first signs of normalization of this market after the Silk-Road raid. They seized from this criminal enterprise back in 2013-14 large quantities of Bitcoin and sold it in a public auction to the American people
We slowly getting to a position where cryptocurrencies will take a big chunk of the world economy. and even maybe the first globally accepted coin. when we get there those people who held the most will get filthy rich.
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