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if every shitcoin to shitcoin transaction is taxable, whats the point of USDT?

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180 rough-skinned shitlib
  01/07/18
It is a fraudcoin that has no real value or purpose. I've y...
primrose outnumbered idiot house
  01/07/18
well the value before was the potential ability to transitio...
180 rough-skinned shitlib
  01/07/18


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Date: January 7th, 2018 11:25 PM
Author: 180 rough-skinned shitlib



(http://www.autoadmit.com/thread.php?thread_id=3852746&forum_id=7#35106440)



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Date: January 7th, 2018 11:28 PM
Author: primrose outnumbered idiot house

It is a fraudcoin that has no real value or purpose. I've yet to see a cogent explanation for why it is needed.

(http://www.autoadmit.com/thread.php?thread_id=3852746&forum_id=7#35106465)



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Date: January 7th, 2018 11:33 PM
Author: 180 rough-skinned shitlib

well the value before was the potential ability to transition from a shitcoin into a stable dollar equivalent without creating a taxable event. but the IRS has said every shitcoin to shitcoin transaction is taxable, so yeah, thats not a use for it anymore.

(http://www.autoadmit.com/thread.php?thread_id=3852746&forum_id=7#35106509)