

It depends on the details of the implementation. There are many possible solutions.
If we change it so the rule is like “if you use stock as collateral to get a loan, that is income and taxed as such” then no. You might just default on your loan, but that’s kind of on you and the bank for using a volatile asset as collateral.













Business idiots. The people making decisions about products are idiots out of touch with the day to day life of typical people.