Post by @honeshtly • Hey
🚨Pay your taxes. Or Metamask will pay them for you #Crypto #CryptoNews #Bitcoin #cryptocurrency
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There has been a lot of discussion and misinformation about a new tax clause in MetaMask's Terms of Service. Here is what you need to know 👇 1/ The tax clause is located in the "Fees and Payment" section of MetaMask's TOS. It states that MetaMask may withhold taxes on certain products and services that they offer: metamask.io/terms-of-use/ 2/ It only applies to users who purchase products or services from MetaMask. If you do not purchase any products or services from MetaMask, then this tax clause does not apply to you. 3/ It means, it does not refer to your capital gains taxes, but the taxes due on any sales of services between you and metamask, which is normally paid by the service that collects the tax.
How can they withold if they don’t have access to the keys?
Metamask is defi or Gofi(government finance) 😂
I don’t think they mean capital taxes
Tf 👀
I can’t believe it
They already denied that.
Good find. Imagine they have a backdoor to your private keys as well... oh god
wtf is this lol
How is this possible?