#crypto tax explained

[darkmaga-retard]

Now all we hear is how banks are suddenly investing in things like BITCOIN. The propaganda is just stunning, for it has once again proven that Julius Caesar was right more than 2000 years ago, and nothing has ever changed.

Things like BITCOIN are a religion, and that is the problem. It would be best never to marry any trade, for you will never look at the world objectively. The code for the BITCOIN programmer was known to have come from the NSA. In 1996, the US government released a white paper entitled, “How to make a mint: the cryptography of anonymous electronic cash.” Released by the National Security Agency Office of Information Security Research and Technology, this document basically explains how a government agency could create something like Bitcoin or another cryptocurrency.

The Federal Reserve is not going to issue a CBDC. All the big banks are creating their own, and then they will be regulated by the Fed. The banks must already report suspicious activity to the Feds. The banks will create the digital currency since they will report “suspicious” activity to the Fed and IRS. If the Fed created a CBDC, they need a search warrant to look into an account where the banks do not.

OPEN YOUR EYES

This is the same scheme they used with covid. Private companies like Facebook and YouTube can regulate free speech that the government cannot. The banks will then report all suspicious activity and your cash flow to the IRS. Wake up! Janet Yellen wanted to audit $600 transaction of Ebay. They are broke and they believe ending cash will result in 35%+ more in tax collections.

This entire digital currency is to provide the government with 100% tracking of every monetary transaction. We will be driven back to barter. Don’t be surprised when they attack gold. All gold refiners already must declare every gram where it came from and where it went.

[dbunicorn]

Dying alone and lonely dying: Media discourse and pandemic conditions - PMC

Holy shit. I'm.still WRONG 4 years later mom. Watching you suffer over the last 2 years while a bunch of geriatric rich dumb fucks and their moronic followers with phone addictions feed their egos actually didn't happen.

I was WRONG mom, you were WRONG mom, were just fucking horrible people. You should never ask for help after paying taxes, helping your community. But a bunch of dumb bitches get it. We're WRONG but they get it

It must be my bias against racists, misogynists, fiscal fuckery, unfunded liabilities and drinking bleach. Edgy! Stalking too. Ooops

Holy shit the system is broken globally because of mass incompetence. Who fucking knew????

Clearly our debt is because I'm WRONG, young women commiting suicide because I want you to starve yourself and inject plastic into your tits and ass, WRONG

The fucking debt and your mental illness not understanding you might fucking need a functioning military. How fucking infinitely ignorant, childish, stupid and fucking WRONG.

Who the fuck is it you thinks protects you? A 5 ft1 vegan, who has an only fans account? A 70 year old senator who can't STFU about crypto? But makes regulatory capture obscene? Where the fuck were you in 2009? And every bailout since? These ideas were born out of the personal failings, greed, wealth theft of politicians, elites, gamblers, men. Tracking every dollar because it's a bill for your children to be paid? Of course not

How fucking stupid are you? The debt, the fucking debt, the sweeping, wasteful spending.

Explain to me the infinite mind destroying fuckery of pandering to the base of immigrants while setting up protectionist policies? Utterly asinine

You get to be a principled pacifist because someone protects you. Otherwise it's martyrdom.

It's a constant negotiation.

[yourfellowhuman07]

Where Do We Go Now?

A She-ra: Princess of Power 2018 fanfiction

The war is finally over. Prime is dead, the hive mind is broken, and everyone is reunited with their loved ones. However, there are some questions left unanswered. What will be the fate of Catra and Hordak? What are these new memories Wrong Hordak has? What is Etheria's place in the wider universe? Where do we go now?

___________________

Hello everyone, it's chapter 23. Once again, thank you for all the reception I've gotten on both of my fics. I love you all.

___________________

Chapter 23: The Thought of a Name

Everyone sat at a long table in one of the old dining rooms in the Crypto Castle. Thankfully, to cooking staff was still in the Crypto Castle and were caught off guard to suddenly have 9 more people to cater for. Though, they were thankful to make things other than sugary confectionaries. Per the recommendation of Hordak and TD, they made a simple soup so it will be easier for the clones to get used to eating actual food rather than the liquid rations they were given. The clones were initially very sheepish to consume the meal before them, but with some encouragement from their older brothers, they eventually caved and even enjoyed the new sensations created on their pallets. Along with the soup, the horde trio was given more solid foods such as some pork and bread, which they could handle from getting a hot meal for dinner while in the Etherian Horde. Entrapta and Imp had the same things only on a smaller scale.

Then the door hissed open to let in a bot caring a large stack of thick files. The group fell silent as they watched the bot awkwardly weel over to Entrapta.

“What are those?” Lonnie pointed her fork at the teetering stack of files.

“Forms so you all can become citizens of Dryl. Only if you want to of course. Though you all could fill them out once you are done eating.”

“Wait does that mean we have to actually pay taxes now?”

“Of course. Did you not pay taxes in the Fright Zone?”

“In the Fright Zone, you did not have to pay any taxes if you were a part of the army,” Hordak explained.

“Wait, how are we and the rest of the clones supposed to pay, we have no money,” TD asked, the other four clones nodded. 

“We could always take whatever money Prime left behind. As his son, I would be the sole beneficiary of whatever funds he had since he never drafted any Will, so I could take whatever money he had and divide it up between all the other clones and me.” Hordak suggested.

“Are we allowed to take his money,” JJ asked.

“I doubt it really matters when he is you know… dead,” LD commented.

“Either way we will manage, now let’s go ahead and start so it will be over with faster.” An unsurprising fact about Hordak is that he hated paperwork, which is why he often saddled his second-in-command with the bulk of it. Now, he did not have that option. I mean, he appreciated the organizational aspect of it, but he saw most paperwork as a waste of time and resources. He found that electronic forms are much more practical and less time-consuming. However, at this point, his stances on paperwork scarcely mattered.

Once all the dishes were taken up, the files were all handed out. Then a problem presented itself on the first page.

“Um… what do we put down for our names?” JJ asked. All five brothers looked to Hordak. He sucked up air through his teeth as he contemplated a possible response.

“Entrapta, is the name changeable in the future?”

“Yes.”

“Then for now, just put the two letters we call each other for your first name.”

“What about last names, are those required?” ZD inquired.

“They are required they’re probably the most important out of all three names. Also, the middle name is optional.”

“What should our last name be then?” JD asked.

This simple question sparked a long debate that probably lasted longer than it should have. The men first agreed they should all share a last name since they were brothers, which created even more problems. The idea of having the last name ‘Prime’ was immediately shot down. Then LD suggested they should go for a space-themed name and suggested the last name ‘Starsweeper’ which was quickly dismissed by Hordak. They went through hundreds of names, and they took so long everyone else had left, leaving the brothers alone.

“Can’t we just do a simple name like ‘Smith’,” ZD exclaimed.

“Not happening.” LD retorted.

“How about the last name ‘Lightyear’?” Hordak suggested.

“You know what,” JD tossed his pen on the paper, “might as well.” All the other clones agreed and jotted down the name and went on to fill out the rest of the paperwork.

The only brother that did not continue was Hordak, whose eyes were fixated on the first two lines where his name was supposed to be. It was not like he did not have anything to put, he had two names. Hundreds if you count all the things he has been called by people, even though most are insults. He was stuck on the order of them. When he first laid eyes on those three lines he knew he wanted to use the name his mother gave him. It was a sign of respect and to honor her memory. Even though not a day goes by where she pops into his head at random. When it happens it isn’t terrible, but it is never pleasant.

Back to his name, he did not know which name should go first. On one hand if ‘Hordak’ is first he would be more recognizable, and people could easily identify what name he wanted to be called. On the other hand, making ‘Orion’ his first name would be more respectful of his mother, and it is common for people to go by their middle names. After much thought and debate, he landed on a name: Orion Hordak Lightyear.

_____________________________________

Entrapta sat in her lab repairing one of her bots when a survey droid came in frantically beeping, telling her to come to look outside. She and the bot ran to the nearest window. Initially, she saw nothing until she saw a swarm of people crowding around the base of the mountain.

[aphish27]

Crypto Owners Back Trump Over Harris: Poll Reveals Shocking Trend

Trump vs. Harris: Majority of US Crypto Owners Support This Candidate

Trump vs. Harris: Majority of US Crypto Owners Support This Candidate

The intersection of cryptocurrency and politics has always been intriguing. As digital currencies gain mainstream acceptance, political views among crypto owners can significantly shape market sentiment. Recently, a survey highlighted the preferences of US crypto owners in the potential face-off between Donald Trump and Kamala Harris. This blog delves deeper into these preferences and their implications.

The Survey: Who Do Crypto Owners Support?

In the rapidly evolving landscape of cryptocurrency, understanding the political inclinations of its community is crucial. The survey indicated a majority preference, revealing interesting insights into the political leanings of US crypto owners.

Trump's Stronghold: In the survey, a majority of respondents favored former President Donald Trump over Vice President Kamala Harris.

Support Metrics: Trump received over 50% of the support, a significant margin indicating his popularity among the crypto community.

Harris' Positives: While Kamala Harris had substantial backing, the crypto community tilted more towards Trump’s policies and persona.

Why Trump? Insights into the Preference

Several factors might explain why Donald Trump holds sway among crypto enthusiasts. Here's a closer look at possible reasons behind his popularity:

Laissez-faire Economic Policies

Trump's administration was known for its deregulation and pro-business stance. Crypto owners, who often advocate for less governmental interference, find this appealing.

His approach towards lowering taxes and reducing federal oversight aligns with the decentralized and independent nature of cryptocurrencies.

Strong Economic Record

During Trump’s tenure, the US saw robust economic growth, which many crypto owners correlate with a favorable environment for financial investments and emerging technologies.

Skepticism Towards Traditional Financial Systems

Trump’s criticism of the Federal Reserve and traditional banking systems resonates with crypto enthusiasts who view cryptocurrencies as alternatives to conventional finance.

Crypto owners appreciate leaders who question the status quo and promote alternative financial systems.

What About Harris? Understanding the Opposition

Although Trump garnered more support, Kamala Harris's reception among crypto owners remains noteworthy. Several aspects of her political stance attract the support she did receive:

Progressive Economic Reforms

Harris advocates for addressing economic inequality, which appeals to some crypto owners concerned about the wealth gap.

She supports progressive taxation and financial regulations, aiming for a fairer economic structure.

Emphasis on Technological Advancements

Harris's agenda often includes promoting technological innovation and investing in infrastructure, which could benefit the cryptocurrency ecosystem. Her vision for a tech-driven future holds appeal for some crypto proponents.

Social Equity and Inclusion

Her stance on social justice and inclusion resonates with a segment of the crypto community advocating for a more inclusive and accessible financial system.

Crypto, with its potential to bank the unbanked, aligns with Harris's broader vision for social equity.

Implications for Cryptocurrencies

The political inclinations of crypto owners can significantly impact the market, regulatory environment, and public perception of cryptocurrencies. Here are some potential implications:

Market Sentiment: Political stability and favorable policies towards cryptocurrencies can boost investor confidence and market sentiment.

Regulatory Landscape: Leaders sympathetic to crypto can influence legislation that fosters innovation, while those more cautious may impose stricter regulations.

Public Perception: As political figures endorse or criticize cryptocurrencies, public perception and adoption rates may be affected.

Roll the Faucet Every Hour for Free - fauc.at

Amidst the political discussions, it's essential to remember the grassroots initiatives that keep the crypto community vibrant. Whether you're a seasoned investor or a newcomer, engaging with faucets can be a fun and rewarding way to earn and learn about cryptocurrencies. Roll the faucet every hour for free - fauc.at offers a fantastic opportunity to get involved and explore the world of digital currencies.

Conclusion: A Decisive Influence

As the digital age progresses, the intersection of politics and cryptocurrency will grow ever more significant. The recent survey sheds light on the political preferences of US crypto owners, highlighting a notable tilt towards Donald Trump. While Kamala Harris also garners substantial support, the implications of these preferences could shape the future of cryptocurrency regulation and adoption. Keep a close eye on the evolving political landscape, as it holds the power to influence the trajectory of the crypto world.

Stay informed, stay engaged, and continue exploring the boundless possibilities that cryptocurrencies offer.

[cryptotechytube]

Why TON Blockchain Is The Future Of Crypto? | Crypto Tech https://www.youtube.com/channel/UC2dh-ClZCsnnA7yzaS5-SZw

Why TON Blockchain Is The Future Of Crypto? | Crypto Tech https://www.youtube.com/channel/UC2dh-ClZCsnnA7yzaS5-SZw https://ift.tt/40Vtw8z Why TON Blockchain is the Future of Crypto | The Next Big Thing in Blockchain Technology In this video, we dive deep into why TON (The Open Network) Blockchain is being hailed as the future of cryptocurrency. Originally developed by the Telegram team, TON brings a revolutionary approach to scalability, speed, and security, making it a game-changer in the blockchain space. What You’ll Learn: What is TON Blockchain and how it works Key features that set TON apart from other blockchains like Ethereum and Solana Real-world applications and use cases for TON Why TON’s innovative architecture is built for global adoption If you’re passionate about crypto, blockchain technology, or just curious about where the future of finance is headed, this video is for you! Don’t forget to like, subscribe, and hit the notification bell so you never miss an update! Unlock the secrets of cryptocurrency and pave your path to financial freedom with Crypto Tech! https://www.youtube.com/@CryptoTech-qk1hp/?sub_confirmation=1 Stay Connected With Us. Instagram: https://ift.tt/9gbfe3q Instagram: https://ift.tt/8A4NOxk For Business Inquiries: cryptotech165@gmail.com ============================= Recommended Playlist New Currency New Gold WATCH OUR OTHER VIDEOS: Hamster Kombat 2024: Can You Earn Real Money? | Crypto Tech Pi Network Update: 200% Lockup Rewards – How To Benefit? | Crypto Tech Trending Now: Solana Memecoins – Should You Invest? | Crypto Tech Top Cryptos To Buy In 2024: Must-Have Coins For Huge Gains | Crypto Tech Bitcoin Price Prediction 2024: Market Madness Explained! | Crypto Tech ============================= About Crypto Tech. At Discover Crypto, we aim to empower you with the knowledge and insights to embrace cryptocurrency and find your path to financial freedom. Every day, we strive to provide you with accessible expert analyses of the latest developments in Bitcoin, Ethereum, and various Altcoins. Welcome to the world of Discover Crypto. For Collaboration and Business inquiries, please use the contact information below: Email: cryptotech165@gmail.com Transform Your Financial Future with Cryptocurrency – Subscribe to Crypto Tech for Expert Insights and Financial Freedom! https://www.youtube.com/@CryptoTech-qk1hp/?sub_confirmation=1 ================================= #crypto Disclaimer: We want to emphasize that we are not professional advisors in finance, cryptocurrency, taxation, securities and commodities trading, or legal practice. The information and content disseminated through “Discover Crypto” are solely intended for general information purposes. None of our content, whether written or discussed, is meant to be interpreted as, or relied upon as, investment, financial, legal, regulatory, accounting, tax, or any other form of professional advice. Everything “Discover Crypto” conveys is based on subjective opinions about currently available facts. Copyright Notice: This video and our YouTube channel contain dialogue, music, and images that are the property of Crypto Tech. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to our YouTube channel is provided. © Crypto Tech from Crypto Tech https://www.youtube.com/watch?v=Qwny_nO71BY via Crypto Tech https://ift.tt/hI8ejV9 August 23, 2024 at 05:16PM

[charteredaccountantsnz]

What Are the Tips for Hiring a Professional Crypto Tax Accountant? 

As cryptocurrency is gaining the ideal mainstream acceptance, managing the crypto taxes becomes increasingly vital. However, the complex nature of cryptocurrency transactions and evolving tax regulations require some specialised expertise. Here, hiring a competent crypto tax accountant in NZ can help ensure compliance, optimise tax liabilities, and avoid potential pitfalls. Here are some essential tips for hiring a crypto tax accountant:

Verify Qualifications and Experience

Look for a certified and professional public accountant or a tax professional with specific experience in cryptocurrency. The expert must properly understand the unique tax implications of the crypto transactions. Also, you must check the ideal credentials and ensure they have a record of handling crypto-related tax issues. Look for some additional certifications or memberships in cryptocurrency for better assurance. 

Understand Their Knowledge of Crypto Regulations

Cryptocurrency regulations are constantly evolving over time. However, hiring a professional and skilled accountant who stays updated on some ideal guidelines and changes in crypto tax laws is always very crucial. Ask about their knowledge of specific regulations and how they keep abreast of different updates. An accountant who regularly attends and keeps an eye on the latest updates on the details. 

Evaluate Their Technical Proficiency

Handling cryptocurrency transactions often requires technical expertise. An accountant should know various crypto platforms, wallets, and exchanges. They should understand the intricacies of blockchain technology and be comfortable using crypto tax software and tools. Inquire about their experience with popular crypto tax platforms.

Assess Their Communication Skills

Effective communication is also vital, especially when dealing with complex and evolving tax issues. Your crypto tax accountant should be able to explain all the tax concepts clearly and provide some actionable advice. They should respond to your queries and proactively inform you about tax deadlines, new regulations, and potential tax-saving opportunities.

Consider Their Fee Structure

You must check the fee structure upfront when hiring a skilled crypto tax accountant in NZ. Some may charge a flat fee, while others bill hourly. Check the complexity of the crypto transactions; fees can vary significantly. Ensure their fees are transparent and reasonable, reflecting the level of service and expertise provided. Comparing quotes from multiple accountants can help you make an informed decision.

[allthebrazilianpolitics]

Brazil's tax authority to summon foreign crypto exchanges for information

Brazil's tax authority will soon call foreign crypto exchanges not based in the country to explain their operations and how they cooperate with local service providers, government officials told Reuters on Monday.

The tax revenue service is expected to publish this week an ordinance summoning these companies for further information. Unlike exchanges formally established in Brazil, they are not obligated to report transactions conducted on their platforms.

"It's an area of concern for us to understand first how they operate here, whether there's any illegality or not. We are also concerned about having information on Brazilian wealth subject to taxation here," said Andrea Chaves, deputy secretary of inspection at the federal revenue service.

Wagner Lima, risk management coordinator at the revenue service, said the government also aims to understand how these exchanges cooperate with service providers in the country to ensure they provide information as required by the tax revenue service under a 2019 regulation.

Continue reading.

[cryptotoday123]

Crypto Tax Kaise Bhare | Crypto Tax India | Tax Explain | 0 Tax किसको देना होगा?

CryptoToday offers expert guidance. It explains how to file crypto taxes in India. It ensures clarity on cryptocurrency tax rules. Learn how to fill out your crypto tax forms. Understand key ideas such as capital gains, losses, and tax exemptions. Are you aiming for zero taxes? Or do you need a clear tax guide? CryptoToday gives vital insights. They help you navigate crypto taxes with ease.

[drewssam]

Circle Internet Financial’s Sr. Dir. Explains EU MiCA Regulations

Circle Internet Financial has reportedly obtained in-principle regulatory approval to operate in Singapore. Meanwhile, Jonas Frederiksen of Circle sheds light on the European Union's (EU) regulatory landscape for crypto-assets through a series of tweets.

Frederiksen outlines key aspects of the upcoming EU regulations, particularly the Markets in Crypto-Assets (MiCA) law, slated for introduction in March 2023. MiCA aims for political agreement confirmation from the European Parliament (EP) and Council by summer 2022. The European Banking Authority (EBA) and European Securities and Markets Authority (ESMA) are set to formulate rulebooks for MiCA within 12 to 18 months.

Additionally, Frederiksen highlights the readiness of the European Central Bank (ECB) for the Digital Euro and forthcoming legislative proposals by the European Commission. Discussions encompass revisions to payment service directives, anti-money laundering (AML) negotiations, and tax information sharing under the Digital ID framework.

Further, initiatives such as Open Finance, Digital ID, and blockchain-based Interoperable Europe Act are underway, aiming to enhance digital transformation and data governance across the EU. Frederiksen concludes by anticipating renewed focus on decentralized finance (DeFi), non-fungible tokens (NFTs), and environmental, social, and governance (ESG) considerations in 2025, following regulatory progress under MiCA.

[decentralisednews]

DEX223: A Groundbreaking Platform for Trading ERC-223 & ERC-20 Tokens ||...

Welcome to our comprehensive breakdown of DEX223, the groundbreaking cryptocurrency exchange platform that's set to redefine the industry standards.

Check out the complete guide: https://decentralised.news/dex223-review DEX223 introduces a suite of innovative components designed to enhance user experience, security, and flexibility in the digital currency trading realm. In this video, we explore the multifaceted ecosystem of DEX223, starting with its core, the DEX223 smart contract, which encapsulates the main logic of the exchange. 

We'll delve into the user-friendly DEX223 web interface, the official version developed by the exchange team, and discuss how anyone can create competing interfaces to interact with the contract. Discover the unique auto-listing smart contracts of DEX223, which allow for instant token listing and trading upon payment of a specified fee. 

We explain how users can engage with or disable these contracts at their convenience, and the implications for token visibility on the platform. Moreover, we shed light on the inclusive design of DEX223, where community members can deploy their auto-listing contracts, enhancing the platform's diversity and user autonomy. 

We also cover the essential auto-liquidation bots feature, which enables efficient and incentivized liquidation processes within the platform. The video also highlights DEX223's commitment to advancing the ERC-223 standard, featuring tools like the Token Standard Converter for ERC-20 and ERC-223 token interoperability and the ERC-20 losses calculator, which underscores the efficiency and necessity of the ERC-223 standard. 

Join us as we unravel the intricacies of DEX223, illustrating its potential to revolutionize the way we think about and engage with cryptocurrency exchanges. Whether you're a seasoned trader or new to the crypto space, this deep dive will equip you with a thorough understanding of one of the most anticipated platforms in the blockchain community. 

Don't forget to like, subscribe, and hit the notification bell to stay updated with our latest content focused on blockchain innovation and insights. 

Read the best-selling book: TOKENIZED TRILLIONS: https://amzn.to/3BA2TOv  Also check out: BLOCKCHAIN APPLIED: https://amzn.to/3oT6QKU 

Join our Telegram Group: https://t.me/+cTexh7QC3D9mNjdk 

Subscribe to our newsletter: https://decentralised.news/newsletter/ Recommended crypto platforms: https://decentralised.news/ecosystem/ Crypto resources: https://decentralised.news/resources/ 

DISCLAIMER: The content on our site is for informational purposes only. Readers, viewers and listeners should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our site constitutes a solicitation, recommendation, endorsement, or offer by Decentralised News to buy or sell any securities or other financial instruments in any jurisdiction in which such solicitation or offer would be unlawful under the laws of such jurisdiction. 

#dex223 #erc223 #cryptotrading #dex223explained #dex223agroundbreakingplatform #tradingerc223anderc20tokens #ethereum DEX223: A Groundbreaking Platform for Trading ERC-223 & ERC-20 Tokens

[cryptotechytube]

Best Cryptos to Buy with $200 During the Bear Market! | Crypto Tech https://www.youtube.com/channel/UC2dh-ClZCsnnA7yzaS5-SZw

Best Cryptos to Buy with $200 During the Bear Market! | Crypto Tech https://www.youtube.com/channel/UC2dh-ClZCsnnA7yzaS5-SZw https://ift.tt/DgPlcVx Wondering how to invest your $200 in the current bear market? In this video, we’ll explore the best cryptocurrencies to consider during these challenging times. Whether you’re looking for long-term potential or quick gains, we’ve got you covered. Don’t miss out on these top picks! Unlock the secrets of cryptocurrency and pave your path to financial freedom with Crypto Tech! https://www.youtube.com/@CryptoTech-qk1hp/?sub_confirmation=1 Stay Connected With Us. Instagram: https://ift.tt/xgyYJiX Instagram: https://ift.tt/rzxn4VB For Business Inquiries: cryptotech165@gmail.com ============================= Recommended Playlist New Currency New Gold WATCH OUR OTHER VIDEOS: Hamster Kombat 2024: Can You Earn Real Money? | Crypto Tech Pi Network Update: 200% Lockup Rewards – How To Benefit? | Crypto Tech Trending Now: Solana Memecoins – Should You Invest? | Crypto Tech Top Cryptos To Buy In 2024: Must-Have Coins For Huge Gains | Crypto Tech Bitcoin Price Prediction 2024: Market Madness Explained! | Crypto Tech ============================= About Crypto Tech. At Discover Crypto, we aim to empower you with the knowledge and insights to embrace cryptocurrency and find your path to financial freedom. Every day, we strive to provide you with accessible expert analyses of the latest developments in Bitcoin, Ethereum, and various Altcoins. Welcome to the world of Discover Crypto. For Collaboration and Business inquiries, please use the contact information below: Email: cryptotech165@gmail.com Transform Your Financial Future with Cryptocurrency – Subscribe to Crypto Tech for Expert Insights and Financial Freedom! https://www.youtube.com/@CryptoTech-qk1hp/?sub_confirmation=1 ================================= #crypto #cryptonews #crypto2024 Disclaimer: We want to emphasize that we are not professional advisors in finance, cryptocurrency, taxation, securities and commodities trading, or legal practice. The information and content disseminated through “Discover Crypto” are solely intended for general information purposes. None of our content, whether written or discussed, is meant to be interpreted as, or relied upon as, investment, financial, legal, regulatory, accounting, tax, or any other form of professional advice. Everything “Discover Crypto” conveys is based on subjective opinions about currently available facts. Copyright Notice: This video and our YouTube channel contain dialogue, music, and images that are the property of Crypto Tech. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to our YouTube channel is provided. © Crypto Tech from Crypto Tech https://www.youtube.com/watch?v=Yqr2e2OgJo8 via Crypto Tech https://ift.tt/IqcZaEQ August 18, 2024 at 12:16PM

[casaamarilla]

510: Cryptolombia? Digital currencies in Colombia and Latin America

This week, Emily Hart is setting out into the Wild West of cryptocurrencies here in Colombia and beyond. Is cryptocurrency the future of finance in Latin America? Is it safe? Is it just another way for rich people to hide their wealth from the tax man? Or for criminals to launder income? Or could it be a way for people to take banking into their own hands, a way for all of us to take control from a global system of banking we have so little say in? To explain all of that, we have on the show today Mat Di Salvo, Colombia-based correspondent covering crypto since 2019 for Decrypt, and two experts from Global Financial Integrity, a Washington DC-based think tank focused on illicit financial flows, corruption, and money laundering. Claudia Helms is the Director of the Latin America and Caribbean Program at GFI, having worked at the Organization of American States; And formerly at the UN, Claudia Marcela Hernández works as Policy Analyst for Central America in Global Financial Integrity. By early 2020, the region had 15.8% of the total volume of bitcoins worldwide, and it has grown exponentially since then. Last year, Mexico, Brazil, and Argentina were in the top 20 for global adoption – Colombia was 32nd in the world. Venezuela was 40th. Looking at crypto in any country requires a close look at the context, unique in every case: this region is turning to digital and virtual currencies for many different reasons, using it to send remittances, invest, and save – especially important in countries that have unstable governments, high inflation, or low levels of trust in institutions. Here in Latin America, levels of poverty and informal employment might create barriers to usage, while technological and educational gaps create unique challenges for users, especially when a new digital revolution of cryptocurrencies and virtual assets arrives without adequate regulation, government oversight, or consumer awareness – particularly around scams and security. This is why GFI started https://criptoabierto.com/ - a set of resources around crypto in Latin America designed for users and policy-makers alike. Basically, regulation of cryptocurrencies in the region does not adequately match its current usage and adoption. Colombia has yet to adopt legal framework, despite a growing number of users, but there is movement around this issue and various institutions have released commentary on it, and President Gustavo Petro has expressed interest in encouraging crypto usage - and mining - in the country. Thanks to the anonymous nature of this universe, it’s difficult to get accurate data on exactly who is using crypto and what for, and though it’s certainly not only criminals using these currencies and assets, they have high potential for money laundering and channelling illicit flows of money, from stolen funds and fraud to payments for illegal goods and funding of terrorist groups. We’ll be talking about the opportunities and risks associated with cryptocurrencies, how their form and use are evolving, plus how (and why) cryptocurrencies can and should be regulated. The Colombia Briefing is also reported by Emily Hart – to get it direct to your inbox or email, you can subscribe to the Colombia Briefing via her Substack substack.com/@ehart or subscribe to the podcast’s Patreon.

Check out this episode!

[cryptofinancial]

Finland Crypto Tax Guide 2024

Luckily, the Finnish Tax Administration, Vero, has released official tax guidance to help you understand how to calculate and report your crypto taxes in Finland. In this guide, we will explain how crypto taxes in Finland work, how much tax you pay on your crypto gains, and how to report your crypto taxes to Vero.

[mujeebs-blogs]

Disinformation: Crypto Rug Pulls

In the above twitter posts from back in 2021, popular youtubers from the FaZe team decided they would like to create their own crypto coin. They urged that the main purpose for this coin is to give back and donate majority of the coins earnings while also gaining return on investment for investors. The FaZe audience supporters all fell for this scheme and bought into the crypto coin. They ended up closing the coin and withdrawing all investments, making investors lose their positions. This is a great example of disinformation because they spread false information that had an intent to harm their fan base by essentially pulling a crypto rug pull.

Misinformation: Masks = COVID-19?

The above article by the California Globe states that a new CDC study finds that majority of people infected with COVID-19 wore masks. Donald trump actually put more fuel to the fire when responding to an interview stating, "But just the other day, they came out with a statement that 85% of the people that wear masks catch it." The CDC had to take it to Twitter to address these claims and debunked this as simply misinformation. The CDC explained that there are high levels of mask use in public, but there are many activities that require the mask to be taken off to do such as eating and drinking at a restaurant. This is misinformation because there was no intention to cause harm, but simply false information spread around.

Mal-information: Hunter Biden legal and Personal issues

The above image showcases an article about Hunter Biden's legal troubles. Hunter Biden failed to pay taxes of up to 1.4 million dollars which he owed from 2016 to 2019. Hunter Biden is facing charges of tax evasion which does not display a good image for the president of the United States, Joe Biden. In this article it also explains how Hunter Biden has had issues with drug and alcohol addiction and issues with his marriage life. This is an excellent example of mal-information since the information being presented is true but spreading this information around can harm the president's image and voters may look elsewhere.

[i-am-ghobli]

Unexpected Tax Deficit

Hey everyone,

I've been pondering these unexpected expenses and bills that keep popping up on my pay slip lately. It's a new challenge for me, despite having a higher salary now than ever before. Even with this bump in pay, I still find myself facing unforeseen costs. Let me break it down for you.

So, I've seen an 85% increase in my salary compared to my last job, which has been fantastic. I've been enjoying treating myself on paydays, indulging in meals from fancy restaurants and splurging on food delivery services like FoodPanda and GrabFood. But then, out of the blue, I noticed a significant deduction of eight thousand pesos for taxes on my pay slip for two consecutive months. Naturally, I reached out to our payroll team for clarification, and after four days, they got back to me, explaining that it's due to be billed four times over my next few paychecks.

This deduction hit me hard, especially since I recently lost one of my bedspacers, impacting my income. But no matter what, I have to ensure everything is covered, especially since my credit score depends on it.

From this experience, I've learned some valuable lessons. It's crucial to have an emergency fund ready and understand the payroll process. I also need to ensure I'm making the most of my resources. Money truly matters, and here's what I've learned so far:

I invested some extra cash into crypto and lost fifteen thousand pesos shortly after.

I lent money to a friend without completing my emergency fund.

I splurged on dining out and online shopping, neglecting essential expenses.

I didn't track my expenses properly.

Moving forward, here's my plan:

Utilize my Citypay All account to cover expenses from my cards.

Use Chase Jaypee for top-up online payments.

Remind friends to repay any loans.

Cut down on unnecessary expenses and manage resources wisely.

Complete my emergency fund.

Keep track of income and expenses.

Cook at home more often.

I'm realizing that what I thought was a significant increase in earnings before might not be as substantial as I once believed. It's essential to explore other options and set achievable goals to overcome these financial hiccups.

Here's to resolving these money matters by April, starting fresh, and aiming for greatness. Let's make it happen!

[cataxcrypto]

Taking Care of Cryptocurrency Taxes: The Use of the Bitcoin Tax Calculator

In the quickly evolving world of cryptocurrencies, where Bitcoin and other virtual goods have become essential components of the investing portfolio, understanding the tax repercussions is critical. The demand for a tool to simplify the complex international taxes associated with cryptocurrencies is growing along with their popularity. Among those tools, the Bitcoin Tax Calculator stands out as a crucial tool that helps users navigate the tax implications of their Bitcoin transactions with accuracy, clarity, and comfort.

Despite being referred to as "virtual gold" a lot, customers haven't exactly shown much interest in Bitcoin. Additionally, the government is keen to manipulate the burgeoning bitcoin market. Unlike conventional forms of international trade, Bitcoin operates on a decentralized network, and its tax obligations are getting stricter. Due to the decentralized nature of cryptocurrencies, traders must precisely evaluate and document their gains and losses because tax reporting might be challenging.

Presenting the Bitcoin Tax Calculator, a helpful resource for explaining the intricate worldwide taxes associated with bitcoins. This dedicated calculator aims to meet the demands of Bitcoin investors by offering a systematic way to calculate taxable activities, determine capital gains, and ensure certain tax compliance. The Bitcoin Tax The calculator serves as a bridge between the complexity of blockchain transactions and the user-friendliness required for correct tax reporting.

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Potential tax liabilities could increase if all Bitcoin transactions are regarded as taxable events. These sports include buying Bitcoin, selling it, trading it for fiat money or other cryptocurrencies, and even using it to make purchases. The Bitcoin Tax Calculator analyzes every transaction and categorizes it as a short-term or long-term capital gain or loss based on the duration of the maintenance period.

The days of laboriously performing calculations by hand and battling spreadsheets are long gone. Users may combine transaction data from wallets, exchanges, and other sources simultaneously with the Best Free Crypto Tax Calculator, which expedites the tax filing process. This integration reduces the chance of error, speeds up the filing of regular tax returns, and simplifies transaction tracking.

In addition to providing accurate reporting, the Bitcoin Tax Calculator becomes your strategic best buddy for optimizing your tax consequences. Given a high-level overview of the tax implications, customers can make well-informed decisions to minimize their tax burden before any transactions are executed. Customers may match their popular economic ambitions with Bitcoin sports by researching ability tax consequences and looking at exclusive situations.

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