Ripple (XRPUSD)

[MindlessSelf]

Imagine you have 100k flr and it’s valued at $2. That is 200,000 taxable income that you have to pay taxes on. Now if you go to sell, you have to pay short term capital gains. How much flr would even be left?

If flr starts liquidating fast, you may even end up in a negative situation where money is paid from your pocket to participate in an air drop.

We need to be screaming from the rooftops that the airdrop allocation method has to change. We need more up front on day 1 where there is no trade history therefore no value to declare as taxable income.