State-level #bitcoin fuckery.
Cap gains tax on any tx over $200 gtfo
Discussion
Is this effective immediately
Its a particular state's proposal. If passed will take effect in that state July 1st.
Idk how they plan to enforce it for non-KYC sats on small things.
Game theory states: code modification to make all payments larger than $200 split into separate, smaller payments until total amount owed is complete.