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RE: We should create steemit debit cards for incoming users, or offer to refill prepaid visas they can buy, when they send us steem or SBD! There are so many ways to convert steem to Cash orDebit Card, even Prepaid!
you ought to make that IRS rant a post of it's own ;> I'd vote for it
I just posted about using the BitPay card to cash out my ill-gotten Steem, but I am liking this concept of ShapeShift API, and I'll have to look into it.
I think whoever gets in on the ground floor of issing a Steem/fiat debit card is going to be very rich in the future.
Good article!
I agree with you
i was scared to even post it...i dont want to ruin this party by eiing the guy who draws irs atention....because why get mad about the irs auditing steemit when they havent ve asked us to pay yet But its only amatter of time!
But see when you start making millions u really dont mind paying some taxes, but wen u find out how much they want you to pay, its ike you think to yourself, What was the whole fucking point of even saving up all that money if i have to pay the irs HALF?
And honestly if you hold Monero XMR or Bytecoin or PIVX you can be safe with the fact that noone can see how much you have!
and if you just claim to donate all your steem to charity, and just send it to some fake charity that you own, i meanyou could even do that LEGALLY if u just set up a bad charity like SO many do to avoid taxes!
i mean honestly the rich find ways to avodi taxes legally anyway so we should be no different,
AND heres ANOTHER thing to think about! If you won a bunch of money at a casino but then immiiedtaly lost it all at the roullete wheel betting all of it, you dont have to pay any taxes, because 1. how would you even pay taxes if you lost all the money and 2. it counts as a loss, and people count their gambling losses to balace out any new gains! many do this! and they lie!
imagine u setup your own bitcoin casiino, and u loose mony to YOURSELF but report it on your taxes! HAH
or OR IMAGINE if you do THIS u make millions in bitcoin but u simply give it away OR u DESTROythe bitcoins by destroying your private key walet or send it to one of the any Known DESTROY bitcon addresses which re known to have no private key! some generated without ever having a private ey so u knwo for sure noone can ver get them! so u can basically make it so your bitcoins can never be spent again! thus destroing the bitcoins AND making alll the rest of the bitcoins that much more expensive especialy if you report that you did this!
So if you just FAKED a bitcoin destroy , and said to the irs oh yeeah I fet immoral and guilty about my use of bitcoin, say u didnt believe in bitcoinand so u destroyed the bitcoins, that is a loss, but u secrety sent the bitcoins to your OWN address, see, they cant really audit this, even if they did theres ways you could do this to trick them and make it so theyd nver know
do u really think the IRS will audiit the entire blockchain even if they do they can never match btcoin addresses to any names for most of them ! Anyone who never makes a conection or association with their bitcoin address wil end up never beiing associated iwith it! and with Monero PIVX bytecooin its a whole different story, theres NO way the IRS could EVER find out ANYTHING about Monero or Pivx or Bytecointransactions unless they rented out the entire ethereum network and powerful AI to anaylyze the Monero or pivx or bytecoin blockchain for years just to find out about ONE transaction!
But I dont want to make the whales mad, the whales dont want to get their ases inANY sort of legal trouble!
I will be writing some going Galt posts in the future ;>
exactly. I don't post any illegal stuff myself
I wouldn't worry about making anti-government comments, but then again, if they havent already arrested me, Im on somebdoy's list already LOL