Leave it the IRS to make things difficult. These new regulations could seriously stifle everything.

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    0:00 – Overview & INTRO
    1:00 – NEW CRAZY IRS RULE
    3:33 – 5 TYPES OF BROKERS
    8:06 – THE RESPONSE TO THIS MADNESS
    11:25 – STAKERS AFFECTED?
    13:30 – TAX LOSSES ON EXCHANGE COLLAPSES
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    #BITCOIN #ETHEREUM #CRYPTO #CARDANO
    ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

    28 Comments

    1. Taxation without representation.

      The country initially founded because taxation laws were unfair….. would be very ironic if the country ends up failing for the same reason….

      A few hundred years to get right back to square one

    2. A note about Tangem. I could be missing something, but Tangem does not appear to have integration with crypto tax helpers koinly and coinledger.

      Additionally, I don't seem to be able to download a csv file either…at least I have been unable to find that functionality.

    3. Crypto, is not an investment. It’s a quick, get rich scheme, no matter how high goes they’ll never get out because of greed so they will get caught again.

    4. People have to realize that the government was turning a blind eye to crypto because they were getting paid, they got a lot of money in donations, but not a cat is out of the bag, so the gravy train is over for everyone

    5. The IRS is nothing but thieves! If the Fed can print us Trillions of Dollars into debt they can print Trillions to pay for the so called taxes they want and need. It’s all a bunch of BS!

    6. I make profits couple of thousand dollars first couple of months but right now I loosing over $20000 buying Litecoins high prices.
      please let me know still do I need to pay IRS when I filing? because i makes profits begging of year but I loss more than profits.
      you can explain this really appreciate it son.

    7. CRYPTO TAXES a DEBT ARE UNCONSTITUTIONAL CRYPTO isnt income nor legal Tender, Section 8 – Article 1 OF US CONSTITUTION – ONLY The Congress shall have SOLE power To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
      Section 10 – No state shall enter into any treaty, alliance, or confederation; coin money; emit bills of credit; make anything but gold and silver coin a tender in payment of debts;

      ONLY LEGAL TENDER IS US MINTED GOLD AND SILVER COINS IN US STATES.
      ONLY CONGRESS HAS POWER TO MINT LEGAL TENDER COINS.

      BANKS HAVE ZERO POWER TO CREATE ANYTHING BUT DEBT.

      Section 4 – 14th AMENDMENT OF US CONSTITUTION – The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any state shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

      BANKS ARE AUTHORIZED TO CREATE CREDIT DEBT NOT LEGAL TENDER MONEY.

      BANKS ONLY CREATE DEBT SINCE they revoked The GOLDSTANDARD gold backed dollar iou bank note PROMISSORY dollar reserve & its promise to be worth US GOLD ASSET.

      DOLLAR IS ONLY IN DEBT
      AND EVERY ALLIED NATION DEPENDING ON DEBT DOLLAR
      The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

      USA CANT DEFAULT USA DEBT BECAUSE USA OWES THE WORLD SILVER AND GOLD US MINTED COINS OR THE PROMISE TO PAY THE EQUAL VALUE THEREOF

    8. CRYPTO CREATES BETTER PUBLIC DEBT ASSET BETTER THAN US BANKING OR FED HAS EVER DONE. This public debt is legal as is the open fair free trade market human right of all usa. – The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

      OPEN FREE TRADE MARKET HUMAN RIGHT TO ALL USA ISNT A BROKER
      ALL USA CITIZENS AND IN EQUALITY ALL FOREIGN BUSINESS HAVE THE RIGHT TO MAKE ANY BUSINESS TRANSACTION TRADE OF PRIVATE PROPERTIES.

      CONSIDER CRYPTO = UNIONIZATION Of DECENTRALIZED FINANCIAL FREEDOM AND PROSPERITY.
      USA has no right to ENSLAVE USA UNDER THE DOLLAR

      FORCED SERVITUDE TO US DOLLAR IS ALSO ABOLISHED.

      Amendment XIII

      Section 1.

      Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.

      Section 2.

      Congress shall have power to enforce this article by appropriate legislation.

      Amendment XIV

      Section 1.

      All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the state wherein they reside. No state shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any state deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.

      Section 3.

      No person shall be a Senator or Representative in Congress, or elector of President and Vice President, or hold any office, civil or military, under the United States, or under any state, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any state legislature, or as an executive or judicial officer of any state, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof. But Congress may by a vote of two-thirds of each House, remove such disability.

      Section 4.

      The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any state shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

      Section 5.

      The Congress shall have power to enforce, by appropriate legislation, the provisions of this article.

      SEC NOR FCC NOR IRS HAVE ANY RIGHT TO COLLECT NON LEGAL TENDER ITS BANNED TO ALL US STATES

      Article 1 Section 10 – No state shall enter into any treaty, alliance, or confederation; coin money; emit bills of credit; make anything but gold and silver coin a tender in payment of debts;

      ONLY GOLD AND SILVER US MINTED COIN IS LEGAL TENDER.
      IRS HAS NO RIGHT TO DEMAND NON LEGAL TENDER US DOLLARS IN PAYMENT OF TAX DEBTS OWED.

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