Articles from Max Gulker
Imagine if every time you bought a sandwich for a few dollars, the IRS forced you to treat as capital gains or losses any change in value of those dollars on the foreign exchange market since the time you earned them. That’s the way the U.S. government treats two legitimate forms of currency: gold and cryptocurrencies.
Internet-based platforms have connected individuals to each other for almost two decades. The real innovation at the heart of what’s been named the “sharing economy” is the realization that such peer-to-peer matching can transform markets for services such as transportation, lodging, and general errands.