Seems like it's half misconceptions (like Austrian hard money economics) and half regulatory arbitrage. There's no reason crypto things shouldn't be as regulated as traditional banking and securities, they just aren't because they don't stop to ask the SEC what to do first.
I wonder why BTC isn't taxed at the collectible rate (higher than ordinary income) like actual gold investment though.
I wonder why BTC isn't taxed at the collectible rate (higher than ordinary income) like actual gold investment though.