Doing crypto tax prep for 2022 so I can wash trade in my losses and, holy shit, I never want to make another tx on a blockchain again. Every single one takes so much time to manage
Convinced someone is going to make a killing by making a way that is both cheap and more effective at viewing and compiling txns than current methods. I shouldn’t have to shell out mad $$$$$ just to make a CSV of public data
If you have any thoughts on how to make tax software better I can pass them on to my friends that run ZenLedger
it's so bad and SUCH a big drawback to the ecosystem that we need to overcome. even moving between stablecoins (ie, usdc to dai) needs to be reported on your capital gains/losses.
I feel very grateful living in a jurisdiction with no capital gains tax. It sounds like an absolute nightmare having to sort out tax liabilities from a spaghetti bowl of transactions. I think it would make me want to engage far less in crypto in general, especially in exploring protocols for the sake of it.
yeah this is why web3 is going to be a failure. Welcome to my world