NFTs

Out of context: Reply #544

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  • neverscared0

    Investors riding the NFT craze are facing billions in taxes
    The NFT market has ballooned to $44bn, Chainalysis data shows, and rules about taxing the tokens are not clear.

    Investors and creators of nonfungible tokens – a market that has ballooned to $44 billion, Chainalysis data show, and attracted fans from Justin Bieber to Melania Trump – face billions of dollars in taxes and rates as high as 37%, according to tax experts. Internal Revenue Service officials who deal with tax evaders say they are gearing up for a crackdown.

    https://www.aljazeera.com/econom…

    • https://www.youtube.…
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    • They don't have to worry, it'll crash soon enough.formed
    • 44 billi? Doubt that, when most of it is self selling, wash trades, bots, scams, fake numbers etc.
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