Privacy Coins
Privacy coins are starting to rocket now that the GOP has written some garbage about wanting to tax cryptocurrency gains. I think Monero and NAV are good coins to be in right now.
What do you think will happen if this becomes the law? Privacy coins can't be traced.
I wouldn't worry much about it. Plenty of people don't pay taxes on things they earn in USD, so any statements on taxing of crypto would be a bit premature. There's still plenty of legal battles to be fought by some Bitcoin billionaires before we worry about the common crypto holder's tax implications.
We also should be supporting these guys as much as we can too... to keep the legal precedents in our favor... as well as creating more and more mechanisms to protect ourselves... even if its someone as simple as a blog or a leaflet for the neighborhood
Agreed. Will definitely be following and contribute to any organization that forwards these causes.
You are right
Good point
It is hard to say for sure. But I also invested in Monero and NAV and the time is going show it best. Not selling, that's for sure!
hell yea. Nav is crushing.
I think these are the 3 biggest trends for 2018:
very possible.
I don't know about NAV but Monero and Zcash are good options for privacy. I think those coin will be worth a lot in the long run.