These cats are just gonna tie themselves up, ultimately, with all their regulations and violence.

I forget what episode of Crowdsourcing Clarity we are on now, but suffice it to say, this is the latest one! Crunched for time, and still wanting to learn, I appeal to you, informed Steem-Os!

Questions 1 and 2:

• Cryptocurrencies, if I am not mistaken, are currently regulated via the capital gains tax system in the United States. It is my understanding that in order for something to be taxed via the capital gains "system," the asset has to be held for at least a year. Is this correct?

• What regulations (or lack thereof) exist in other countries/regions? How are cryptocurrency regulated (or not regulated) where you live?

I recently wrote an article on why Japan's new system for taxing/regulating crypto is both disturbing and laughable at the same time.

Question 3:

• In light of the current regulatory climate, do you think "privacy coins" such as Monero, ZCash, Bytecoin, etc, will see an increase in market share? I have my own thoughts on this but am interested to hear yours!

Thanks in advance!

~KafkA

!

Graham Smith is a Voluntaryist activist, creator, and peaceful parent residing in Niigata City, Japan. Graham runs the "Voluntary Japan" online initiative with a presence here on Steem, as well as Facebook and Twitter. (Hit me up so I can stop talking about myself in the third person!)