Ethereum Staking And Unfair Taxation Of A ‘Crypto Kitty’

While members of the Ethereum blockchain community have endured the criticism of how long it is taking to move to a new mechanism called ‘staking’, it is hard not to also note that there is no definitive guidance yet from the Internal Revenue Service (IRS) on how those who ‘stake’ their blockchain ‘tokens’ and receive rewards will be taxed either.

It certainly is not addressed on the Ethereum Foundation as the major risks are listed as losing Ethereum for going offline,…


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