Absolutely agreed. Governments need to come up with their rules a.k.a. laws. It would be great if they were to tax only gains when you actually trade and make money but - who knows? This is why I'm so confused about the SL NFTs. Well, at one point i.e. October, 15 or 17 I'll have to make a decision - if the IRS hasn't made one by then.
Seems pretty silly to me.
It's all pretty silly. What's going on here will tax me twice: Once (or possibly more) in exchanges and again when I take it into fiat. I only have one thing to say about that; What the fuck!