if XRP is deemed not a security and adopted as a bridge asset, then it’s (to be) a non-taxable asset, no? immediately transferrable to any other asset represented by the ledger, it can be immediately redeemed to a physical asset without ever actually realizing a capital gain in dollars…
obviously fook income/capital gains taxes, but looking short term under the current [IRS] regime.
![](https://v2.anonup.com/upload/avatars/2021/04/FjNGaNeVAMoLkOMQwwzK_07_6ec2439442de7dcfd9b6174ebe6c8d57_thumbnail_512x512.jpg)
In response 17Commentary 17C to his Publication
solid logic for future events...☀️🌈
However in the meantime, fook the IRS and the SEC!!
![](https://v2.anonup.com/upload/avatars/2021/09/lv7IE1QdTYtFyQ1yzBvp_29_fdd88b44cffdda532c880e705e148a1b_thumbnail_512x512.jpeg)
Father, Brother, Son…Freedom lover non conformist since Day 1. Friend till the end. #FamilyIsEverything.
In response 17Commentary 17C to his Publication
IRS is already fooked. but makes sense