Opinion | JamesSurowiecki: In the days leading up to the infrastructure bill's passage, about the only provision people were arguing about didn’t involve roads or bridges. Instead, it had to do with cryptocurrency. - MSNBCDaily
the Senate passed Tuesday will, among other things, help upgrade America’s water systems and highways. Oddly, though, in the days leading up to its passage, about the only provision in the bill people were arguing about didn’t involve roads or bridges. Instead, itThe provision in question is supposed to help pay for the bill by raising $28 billion over 10 years from taxes on crypto transactions.
. But the definition is broad enough that it could also include software developers and even the crypto miners who confirm and verify blockchain transactions, since they all provide services that help transfer crypto assets. Miners, though, don’t have access to their users’ information, which would make it impossible to fill out a 1099 for them.Crypto advocates recognized this was a problem and
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