>youtu.be/p1S7Skx7yVE not sure how seriously we should take him since he's mostly just an ICO shiller
but he's right that the powers-that-be wont roll over easily
Bitcoin/crypto definitely won't be made outright illegal (except maybe privacy coins) institutions are already too heavily invested to let that happen
but how do we stop governments making it illegal/difficult to use as a means of payment?
>you can transact with Bitcoin - but you pay more tax if you do (muh sovereign currency) >to use it you must register with the gov first (muh consumer protection)
bitcoin is a peer to peer digital cash system. governments are trying to phase out cash. good luck.
Xavier Morales
tard, Bitcoin is far less fungible than cash which means it's much harder to evade taxes since there's an immutable ledger of whats going in and out
Dominic Wilson
>get lucky and get rich on bitcoin (he literally says his first trade he heard from a friend to get into XRP, invested $3300 when it was below a cent and sold at $0.30) >proclaim thyself as guru master of crytocurrencies >become crypto youtuber to satisfy ego and push tons of "TA" >try to call your trades but bear market fucks you over >oh shit i wasnt that smart after all >in desperation attempt to not go homeless, peddle shitcoins on your videos and create BS udemy courses >shit finally collapsing around you as subscribers catch wind of scam and flee the crypto-youtube space >literally become a tinfoil hat muh guberment makin the frogs gay paranoid >claim government and mysterious george soros reptilians are making you poor
I used to watch suppo cause I liked the energy he had even though it was trying times, but now I enjoy his descent into madness
Gabriel Collins
Everything in his body language in that screenshot signals he's lying through his teeth. That's just a pajeet getting a bucksvabc there
Oliver James
no practical difference taxation wise
Lucas Wood
Who had the quints?
Jaxon Moore
I just want it to make taxes easier honestly. If it can at least do that then ill be happy.
Oliver Roberts
Guys can you imagine completely automating taxes to a point where you can see how much you will owe depending on what you do before you even do it.
Jack Robinson
there is though
>cash can simply pretend you never had it: declaring $10k in earnings that month when really it was $15k
>bitcoin have to take complex steps to ensure it is never linked back to you: you'd need to ask your employer to pay into 2+ seperate addresses which implicates them if they're ever audited
if you're making any serious amount of money better to pay an accountant to 'automate' it for you plus theyll find ways for you to pay less tax
Chase Price
these are autistic differences, not practical
Jace Watson
>autistic yeah ok user
if I was a business that mainly took cash, i could peel notes off the top of the register and slowly deposit them into my bank whenever convenient >oh that random cash that appeared in my account? >yeah we had a garage sale, nothing suspicious here
you cant do that when every dollar you receive is traceable back in time >then why do all the amounts you receive exactly match the prices at your store? >then why do they happen exactly between your business hours of 9am to 10pm?
yes, you could make new addresses constantly to avoid it being linked back to you but this is still significantly more difficult than cash >not practical you're right, it wouldnt be
Xavier Cox
who is this fag? when will you morons stop listening to idiots claiming they have some profound knowledge?
Carter Young
>when will you morons stop listening to idiots i acknowledged in the 2nd/3rd lines >claiming they have some profound knowledge? he didnt claim this at all but he raises a good point that it wont be difficult to topple the current elites
funny that you chose to attack the least important part of the thread instead of engaging in what is a difficult, but ultimately important discussion to be had
Benjamin Wood
won't be easy* to topple them
Oliver Williams
>if you're making any serious amount of money >better to pay an accountant to 'automate' it for you >plus theyll find ways for you to pay less tax
Nice try soon to be out of work CPA Automation finds ways to pay less taxes too. And its free!
BTFO
Jace Fisher
Using 2 different addresses sacrifices security.
Kevin Perez
Suppoman imo is a newbie. So far he has failed in crypto and is late to the party so why should i care what he thinks?
Anthony Brown
is no one gonna post the minecraft video? Guess old Jow Forums is gone
> Started out on YouTube stalking little girls. > Calls anybody who criticizes him a "peasant". > so called crypto expert didn't even know who fluffypony was. > Says dash is a better privacy coin than monero (KEK) > Caught on Livestream receiving payment to shill a shit coins > Tells followers that Ethos (his biggest holding) is the "Coinbase killer" (KEK, no.246 on CMC). > Shilled the Seele ico which was a literal scam.
Yeah... Think it's safe to ignore anything this fucktard says.
Parker Butler
THEY WILL NEVER LET CRYPTO REPLACE FIAT
They'll destroy crypto via regulation worldwide.
Or they'll allow crypto if they can somehow control it. Can they control it?
