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The single biggest variable on Litecoin's future is Tax Law in the United States.

The single biggest variable on Litecoin's future is Tax Law in the United States.

Litecoin Reddit

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With Bitcoin becoming an obvious long term, deflationary store of value, Litecoin's value proposition as a means of transaction (fast & cheap) is increasingly realistic and attainable.

However, calculating capital gains on small, everyday transactions is a mess. Recognizing Litecoin's obvious head start as the "transaction" coin, the community as a whole should be pushing in an organized way for improved tax regulation, and perhaps a capital gain / tax exemption on purchases below a certain threshold.

As fungibility is realized, this is the true final hurdle to mass adoption of Litecoin as a payment coin.

submitted by /u/civ111
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