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Cryptocurrency enthusiasts are interesting. It's a lot of people who have never done forex in their life suddenly trying to figure out how taxes work. irs.gov/newsroom/irs-has-begun

@erjiang it's not just the forex, they probably never invested a buck in any financial activity

@ranx Someone was debating, "but if you bought a bunch of pesos with dollars and the pesos appreciated, how would that work?" Um, exactly the same way?

@erjiang here in Italy you pay 26% on ANY capital gain (forex included), I don't know about the USA tax rates though

@erjiang this is that kind of people that know nothing about finance and then complain with the bank/broker/government if they lose their money. when they gain money they complain about taxes 🤬 they always complain and don't know anything

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