>>14020852like this anon said:
>>14020862while/if this is legal, then that's that, so as long as you don't do exactly the same shit when the law changes, you're fine.
the thing is ignoring whether it's rigtht or moral, i don't think it technically is fine by law.
i mean, while you technically "don't own" the coin, you likely own the claim to the coin in some form, so there's that.
it may be either you, or the devs that would be learning the art of tossing the salad.
they're starting to really clamp down on things, so even if it flies for a year or two, it won't be longer than that.
but more importantly, you're likely to lose more through volatility than through taxes anyway.
everyone will be buying before end of financial year, pushing the price up. right after, everyone would be selling and noone would be buying, turning it to shit. like a clockwork pump'n'dump. bots would wreek havok on the network, i'd imagine.
bitcoin, the most popular and stable of the coins regularly sees 20% swings. what swing do you think would be there on this coin? how big are your taxes in comparison?
and if it gets all the green flags and survives all the hurdles, this will literally become the coin of hedgies.
