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RE: Creating a Start-up on Steem | CROWDFUNDER XYZ

in #steem6 years ago

I like your other idea better, but this one has potential. There are elements of it I like. For instance, the ongoing business plan contest idea is good. And getting colleges and universities involved is stellar. A Steem-sponsored contest for college students to present a viable business plan based on the Steem blockchain would get at least get the name out there so people see it. Great stuff.

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Thanks @blockurator and yes, I think the U.S. tax reporting idea has the potential to make money almost right away.

Part of that business would include educating the public about the need to report Steem-based transactions.

I am pretty sure that the reality of needing to report Steem transactions will hit the community all at once when the IRS starts going after cryptocurrency tax evaders.

Having the business in place ahead of time with educational content already published would position the business well.

For some reason this post got a lot more upvotes than the other one and I tend to think it's because people don't like taxes!!

I am pretty sure that the reality of needing to report Steem transactions will hit the community all at once when the IRS starts going after cryptocurrency tax evaders.

It's just a matter of time. The SEC and CFTC already are targeting exchanges and ICO projects.

For some reason this post got a lot more upvotes than the other one and I tend to think it's because people don't like taxes!!

It was also published three days earlier.

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