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Lefteris Karapetsas
@LefterisJP
Founder of @rotkiapp🐦, the portfolio tracker that protects your privacy. Berlin. University of Tokyo graduate. Marathon runner. software developer. birding.
Joined June 2009
810 Following    73K Followers
A funny detail I noticed after @StaniKulechov wrote his response to the EIP. It's not an issuance reduction, but an added burn. Which depending on your tax jurisdiction could be interpreted pretty badly if you count rewards at every epoch. As then you both get the full issuance (and taxed at it) and an applied burn right afterwards (which I guess would be a loss / spend?). Now to be fair most people I know count only rewards withdrawn to the EL for tax purposes as that's (a still complicated but .. ) the simplest way to do it. In which case I guess this would not matter. But there has also been people who wanted me to help them with taxes who insisted their tax advisors wanted income counted on the CL per epoch. Which is something pretty complex to achieve from a data retrieval perspective even today (rotki does not support this - and we don't plan to). Add that burn in there .. and oh boy. I would not want to be the guy doing that accounting.
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