#31
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Park a little in BTC it will pay off. Not 1million% anymore but you'll make easy money. Buy alt coins if you wanna gamble, but you seem to have figured out alt coins the hard way =( | |||
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#32
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halflings are coming?
also all crypto crashes the day libra is released sell now | ||
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#34
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Libra is going to get regulated to pointless-ness before it ever even hits the market. If you're looking to make gains off the radar, Libra won't fit that bill, either, as they're aiming to make it entirely tracable and transparent for tax purposes. | |||
Last edited by Thorondor; 06-19-2019 at 06:20 PM..
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#35
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#37
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Everyone gets taxes with the exception of those that can right off everything they make as some kind of business expense. Even most people capable of this end up paying more tax then they would like so they can show income for various reasons (credit).
Payroll taxes, sales taxes, property taxes, taxes on income and gifts. Two things are certain: death and taxes. Even gangsters pay taxes to avoid scrutiny. Crypto is only useful for tax evasion if you made a lot of money by investing when it was low. You could essentially avoid selling or cash out off shore and never get the tax hammer from all your capital gains. Which is capped at 15% anyway last I checked. You could also work for cryto and hide income to some degree...but the minute you start getting USD in your account there is a paper trail. | ||
Last edited by JurisDictum; 06-20-2019 at 01:59 PM..
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#38
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Anyhow. The point still stands, the establishment intends to heavily regulate and centralize themselves with Libra; thus it will not suit the purposes of people looking to invest in it for growth opportunities since it will not see exponential growth over time. They're essentially looking to directly tie it to the dollar, like Tether, so aside from using it like a widely accepted gift certificate, and trusting that Facebook isn't going to Ponzi it, it doesn't have the potential to compete with decentralized crytpocurrencies. | |||
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#39
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This is precisely why banks have been forbidden from participating in other forms of commerce for the last century in the US. Most people believe you shouldn't have to compete against your bank. | |||
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#40
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Not saying that libra SHOULDNT be regulated fucktard. Im saying it WILL be: should or shouldnt is irrelevant. At the end of the day, Libra WILL be facebook's dollar-tethered digital gift certificate, and THEREFORE it will not and cannot usurp cryptocurrencies like btc, bsv, eth and the like. Jesus, youre so eager to dive into the discussion with an argumentative approach its fuckung astounding. Living with you must be a real gem. | |||
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