Xrp - If I bought XRP at $.60 then used my Uphold XRP Debit card to buy a coffee at Starbucks and XRP is $1, I owe taxes on the $.40 capital gain for that XRP. If I get paid in Fiat currency and it loses 6% in value when I buy something with it, I can’t write That lose off on my taxes! https://t.co/mlgAUOs21D

9:35pm PST - February 4th, 2022

If I bought XRP at $.60 then used my Uphold XRP Debit card to buy a coffee at Starbucks and XRP is $1, I owe taxes on the $.40 capital gain for that XRP. If I get paid in Fiat currency and it loses 6% in value when I buy something with it, I can’t write That lose off on my taxes! https://t.co/mlgAUOs21D

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George Orwell (@OrwellsRevenge)