He better sell quickly or the Democrats will tax his fictional gains.
“He better sell quickly or the Democrats will tax his fictional gains.”
His gains are no more fictional than the gains in your IRA account. The stocks that your IRA is invested into succeed based on the faith and belief of investors to buy into them.
That’s all.
If people have faith in a digital currency then so be it.
But like Beanie Babies the theoretical gains from holding Shiba Inu can evaporate if people lose interest or faith.
In the meantime the Democrats will be angling to get a piece of anyone’s potential wealth and I don’t doubt that they want a piece of your Beanie Babies too.