“ They really aren’t. A currency is only worth anything if normal people are willing to trade them en masse. For the majority/normal people to trade them en Maße there needs to be an universally agreed upon use for them. A use that taxes give, since no matter who you are, you must pay your taxes in the state issued currency.
Crypto and other alt currency tokens are worthless by definition”
https://reddit.com/r/technology/s/TTK0bCHDDN
Don’t necessarily agree with it, but I get why someone would have that take.
"since they have to pay U.S. taxes in dollars"
Why would I say U.S. taxes if there were no other taxes besides U.S. taxes? Use your brain, man.
You really should start reading the words that are there not the ones in your imagination.
They're useless to pay U.S. taxes, unless they can convert them to dollars. Just like crypto. Duh^6.
That's why I said "U.S. taxes". You've looked at this statement like a dozen times now so it doesn't seem like it'll ever sink in.