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Many things are subject to opinion, but this is an attempt to explain an undisputed fact that is often misunderstood. Here is a real tweet:

“It’s pretty much a coin for the rich. So hopefully all the rich people get into it big time, because the every day working person…

Bitcoin image
Photo by @pixabay

This IRS FAQ publication dictates: “If a hard fork is followed by an airdrop and you receive new cryptocurrency, you will have taxable income in the taxable year you receive that cryptocurrency.”

Imagine if you downloaded a game, let’s say Call of Duty: World War II Again. You spend some…


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