@jackmallers@Strike Starting to regret simply not selling the fraction of the BTC held for 10+ years straight on Coinbase if there's going to be such a hassle. Other option is to I guess file a tax return contradicting the Strike 1099 and be exposed for an audit.
@jackmallers@Strike Customer service said they dont do "ala carte changes to individual 1099", which is pretty offensive since the form literally has incorrect information.
@matt_cam@seriouspod This is amazing news! Cannot wait to get the real OA back (and actually start listening to it again). Can we have a recap of the last year as one of the new episodes??
@seriouspod I remember getting the first big hint of this a long while back when you were absent at a Q&A session and it was the lawyer doing the episode solo. It was so dull and monotone I just couldn't get through it at the time.
@seriouspod@seriouspod this episode is the conclusive proof that your talent and style is what always added the true value to your podcasts. Legal analysis is like a commodity that can be obtained from different 'suppliers', but there's only one Thomas.
There will be a new type of 'content' library in the #Bitcoin blockchain then?
"This allows inscription content to be returned from a web server, and for creating HTML inscriptions that use and remix the content of other inscriptions."
https://t.co/9QtHPfHdZn
Crypto enthusiasts are upset by Gary Gensler's reassertion that he sees #Bitcoin as a commodity and everything else as an unregistered security. They fear SEC regulation but fail to realize that if their favorite crypto projects were truly decentralized, regulators wouldn't be able to do shit about them.
Sure, they could shut down the on/off ramps, make tax laws unfavorable, hell...even make ownership illegal for everything (#bitcoin included). But you know what they can't do to #Bitcoin that they can do to crypto? Go straight to the creators, the foundations, or the companies who are responsible for creating and maintaining it. They can't reverse the network effect that #Bitcoin has already established or convince the die hard bitcoiners to stop believing in it. If anything, any attempted regulation of #Bitcoin would only add fuel to the fire and embolden bitcoiners to fight back that much harder.
#Bitcoin is literally built for this fight and its users are aware of what's at stake, our monetary freedom. We're willing to go down with the ship but we also know our ship ain't going down. Crypto, on the other hand, isn't built for this fight...it's weak centralized garbage and its days are numbered.
😻Valentine's Day Gift Card Giveaway
To Enter:
1⃣Follow Us on the Twitters🐦
2⃣QT this tweet with the Gift Card brand from our shop you want to win
We'll choose 3 winners to win a $50 Gift Card of the brand they shouted out.
No purch. nec. Must have fold account.
- T shaped recovery (flat for a bit then down for real)
- Y shaped recovery ("why would you be so stupid [investing in this market]?")
- M shaped recovery (every time you think we're going up, we'll get pushed down)
When the covid pandemic first started I started noticing financial news using a variety of letters to predict the shape of how the markets will recover:
- V shaped recovery (down now, soon up)
- U shaped recovery (down now and like that for a while, but eventually up)
👇️🧵
- W shaped recovery (down, a fake up, a real down, then up)
- L shaped recovery (no recovery)
- Square root shaped recovery (we will surpass where we were)
- K shaped recovery (only some sectors will recover)
The point of #Bitcoin is that you can self custody and not trust any institution. Since institutions may go bankrupt.
"Though all one's life a fool associates with a wise person, one no more comprehends the Truth than a spoon tastes the flavor of the soup."
―Dhammapada