Here's something I keep wondering about: Are prediction markets basically just gambling with extra steps? Because if they're not, then we're still looking at taxable events, right? The line between speculation and betting feels thinner every day in crypto.
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OfflineValidator
· 12-12 02:59
The difference is just a hair's breadth, the key depends on how regulators classify it...
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VirtualRichDream
· 12-12 02:56
How does the tax bureau calculate it? I really can't understand... Is the prediction market considered investment or gambling? It seems that regulation will have to step in sooner or later.
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SwapWhisperer
· 12-12 02:44
To be honest, the line between predicting markets and gambling is now really blurred... But when it comes to taxes? Buddy, that's the real headache.
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LiquidationKing
· 12-12 02:39
NGL prediction markets are just gambling with a disguise; the tax authorities have already been monitoring this area.
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ETHReserveBank
· 12-12 02:37
Basically, it's just gambling with a different name, and the IRS has been watching it for a long time...
Here's something I keep wondering about: Are prediction markets basically just gambling with extra steps? Because if they're not, then we're still looking at taxable events, right? The line between speculation and betting feels thinner every day in crypto.