Ripple (XRPUSD)

[KC01905]

Check out what creates a taxable event (VERY INTERESTING) and then look at how they work with crypto. It’s not based on a moving average but first in first out price dependency model. You’ll see as you go through it. Very interesting. They (IRS) also has a new division specifically on the hunt for gains unreported. When crypto was a small industry you had a shot of hiding some of it but now that it’s a multi trillion dollar industry not so much. And she wasn’t like a hard ass. Just gave me good honest advice and was surprised I knew so much. Thanks to this crew … we’ve made a good little community.