Taxation of Bitcoin remains a potential stumbling block in the U.S. The IRS treats cryptos as property. As such, an investor who sells a crypto at a gain could be subject to capital-gains taxes with every transaction.
Why do I so vehemently disagree? Because we haven't seen what happens when Americans start spending on travel and entertainment. Americans love to spend; that was the rap against us vs. the rest of the world.
JIM CRAMER
Apr 26, 2021 4:12 PM EDT
Getting dizzy looking down from here? Then look up, because we may just be getting started on this market.