Message from @CryptoJack
Discord ID: 637486937925484555
lol LINK, top meme coin of 2019
probably plenty of hype left in the tank for LINK to run if this is the start of the next cycle
but does anyone even know what theyre investing in?
nerth's sugar withdrawls has driven him to wild crypto adventures
how to avoid taxes
no I have no idea what I'm investing in
<:honkpilled:558686758875824130>
he's living on the edge
because he quit carbs
Jack Dorsey: Bitcoin is becoming the Internet’s national currency https://decrypt.co/10753/jack-dorsey-bitcoin-is-becoming-the-internets-national-currency
lie on your tax return
is the only way now
<:FreePepe:294874238928814081>
they will ask about it explicitly this year
they added a crypto question
yea dorsey had an interesting take, internet emerging as a sovereign state, bitcoin it's currency
do bitcoin count as owning assets outside of the US?
@CryptoJack - Yes... well said.
@Rody Le Cid - Yes they do
if you've bought BTC on coinbase and youre in the US its likely they already know about you and your addresses
but yea you're obligated to inform them of your crypto positions, air drops, forks, etc
@Nerthulas did you buy?
although the tax rules still need work, and you may need to consult a professional accountant
I plan on giving ALL my bitcoin away
giving away to whom?
Give it to the Vatican
give it to me
doesn't matter as long as I'm not holding it at the end of fiscal year...
I didn't but I want to set it up so that I can
so I don't have to declare it..
based and ancappilled
because it will be all gone
so what to use other than coinbase then?
if the US govt knows about that
yea not sure if it will work that way
they added a question "have you traded crypto this year"
you will have to lie or declare
sure, I traded,
but lost it all on the markets..
Buy high and sell Low!
That's MY motto
localbitcoin, maybe a bitcoin ATM? but if you're in the US eventually all these on ramps will be made to report