cart before the horse, let’s not worry too much about the tax implications of airdrops under $10

Farcaster-native research: https://paragraph.xyz/@matthewb | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

If you’re referencing my cast it was about larger airdrops. I think quite clearly. And if it wasn’t, I explicitly clarified in response.

writing stuff about tech + decentralization over on blog.thumbsup.me

Ah ok. It’s on everyone’s minds i guess. Someone earlier threw it in my face that these airdrops are tiny, but I was talking about how historically (with respect to the airdrops one would have received) selling airdrops and then buying back in is arguably the best strategy in most cases since you would be unlikely to benefit by holding and would have to find another way to cover the tax implication.

nope, I saw a post a day or two ago about it which chastised crypto participants for not reading the ToS and considering the tax implications lol