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The IRS delays new #Bitcoin tax rules until 2026.

Without this delay, FIFO rules could have forced investors to sell low-cost-basis assets, inflating capital gains.

Good chance Trump and friends tears down all the #Bitcoin red tape in the next year.

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What does that mean?

What don't you understand?

Didn't know the term "red tape", but found an explanation on the web

Couldn't agree more.

they've been priming us. the Fed and IRS will both be going away in the near future. count on it.

We will see what the future brings