Good evening, Steemians!

Now, if you're like me, then you know that taxation is theft. Just thought I would start off like that

You better sit down for these news. I'm not kidding. Please watch this short video and tell me what you think. ESPECIALLY if you are a crypto trader. This isn't good news, guys. You know how up until now we are only taxed when we convert back into fiat USD? Well, kiss those days goodbye.

Reading some of the comments of the video, many people are openly saying that they will not comply with this new tax code. I personally think it will make day trading nearly impossible, because EVERY SINGLE TRADE will now need to be valued in USD and decided upon whether or not you made USD gains. So, if you, like me, have been trading to LTC to avoid HUGE BTC fees, this will now be considered a "taxable event" vs. the USD and if you make gains, you will need to keep track of this.

Again, I think it will be incredibly difficult to do this, and I think you will have many people just say "fuck it" and perform civil disobedience against such a tyrannical IRS. What do you think?

Disclaimer: I did not make this video, its use is for educational/informational value.