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I actually do report all my buys and sells through centralized exchanges. It's just usually so little that it never meets the criteria for reporting when my accountant does my taxes. I'm seriously interested in this whole collateral thing. It's just taking a bit for me to wrap my head around it. As I've said in the past, it feels too good to be true, so I assume I'm missing a piece that represents the downside to it.
RE: 50% Tax = 0% Thorchain Lending Risk