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Bitcoin + IRS, SEC Bitcoin ETF, Binance In China, Ethereum Use Case & Bitcoin Price Rise

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41 Comments

  1. its funny how us policy comes like a boomerang back and hits us from behind. Supported mujahedin and formed we know what happend after that, meddled around ukraine (and thats only a few examples out of pile of crap), now pushing against btc… well hope the normal us ppl get out of there before is too late.

  2. As long as Ripple keeps selling XRP the price will forever stay low. Debating whether or not I should trade xrp for other alts but I just love what Ripple has going! But damn stop selling so many fucking coins!

  3. Fuck the IRS. They’re mafia racketeering thieves that extort everyone they come in contact with. May they all suffer brutal heart attacks for their transgressions against humanity.

  4. I have spent the last 4 months working on a complete transaction record from when I started buying in May of 2017, including every buy, trade, sell, spend, send, air drop, transfer, mining income, dividend income, deposit, etc. For BTC, I have it 99% accurate out to 8 decimals. For ETH, I have it 90% accurate out to 18 decimals. I'm working with my tax adviser to revise my taxes for 2017 and 2018 to show this accuracy to the IRS. If they want MORE information than that, they can dig into the blockchain directly.

    Welcome to America, where you have to do math!!!

  5. If you get an airdrop that you didn’t know about or want… how can that be taxed if someone didn’t want/participate for the airdrop???

    It’s crazy still…

    More clarity and fair treatment needs to still be done here for the taxation.

  6. That’s funny as I listen to this. I’m reading Ali Pay & Wechat said no bueno lol. Things change at the speed of light in this space. That’s why the rules from the IRS are so stupid & funny

  7. IRS really screwed Americans. Any other citizen will simply goto another country, open bank account then have your bitcoin deposited there. If you are an American , you can not simply do that. You need to report to the IRS as all gains anywhere in the world is taxable to IRS

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