mike_lord
An interesting idea. In fact, there have already been attempts to do so without a universal equivalent of value and a medium of exchange in the economy, that is, without money. There was also an attempt to deprive money…
- How to handle taxes?May 31, 2022
Not entirely true: https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Return/Do-I-Have-to-File-a-Tax-Return-if-I-Don-t-Owe-Tax-/INF22780.html
- How to handle taxes?May 30, 2022
If his name was in the news, he'd better have. I hope he cashed out also. Six mill is plenty!
- How to handle taxes?May 29, 2022
No one is sure. My CPA commented that even they are unclear how to deal with it. Safest thing is pay capital gains tax just like any other income and if you overpaid, at least you won't go to jail. ;-)
- How to handle taxes?May 29, 2022
I'm not so sure. I've read somewhere that mining them is taxable also because they have value. If you win a car in a contest, you have no USD to show for it, but you still owe taxes. This is the downside of them being…
- Gen Z treats the economy like a gambling gameDec 13, 2019
So if the modern economy is a "casino economy," then this generation is simply adapting to the existing economic realities. In such an economy, it is impossible to achieve great success just by working or doing business…
You probably confused Switzerland with Greenland. Greenland is an island, and Switzerland is a European country in the Alps. Greenland will inevitably be captured by the United States sooner or later, since it is needed…
Can cryptocurrencies replace the existing economic system? - No. Because the global economy is based on credit. Commercial credit is based on fractional collateral, government borrowing is based on the endless emission…