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Calacanis proposes to introduce a 0.01% tax on all cryptocurrency transactions in the US, but Sachs disagrees, according to Gold Finance. He warned that new taxes often go beyond what they were originally intended to do. In addition, they discussed Ethereum's role with Bitcoin and meme coins.
- Calacanis offers a small tax on cryptocurrency transactions, levied in the form of native assets;
- Sachs rejects this idea and gives a history of expanding the income tax;
- The discussion also touched on crypto reserves, meme coins, and investment strategies.