Fetch.AI is doing some stupid merge thing to ASI. What are the tax liabilities of merging? I've been holding Fetch for over a year so it's longterm gains. If I merge into ASI won't that be considered a swap i'll have to report and then i'll have to wait another year after receiving ASI to sell that for longterm? What a clusterfuck,
Good question. I want to know this too
FET is just changing the ticker to ASI. OCEAN and AGIX are being swapped for FET / ASI.
>>58693615Time to pay taxes goy
>>58693615>longterm gainslol you better sell quick regardless there wont be any gains left on this piece of shit Better to pay your taxes than lose 90% right
>>58695400Why would the merger hurt the price? It's consolidating 3 big AI coins. If anything, it would become more attractive as the default AI coin for those who don't want to research or wanting safe AI exposure