h8_wh8_w0m3n they/them  1d ago (x.com) 779 thread views #328618 earned 204 coins from votes

The IRS :marseyshutitdown: head shots :carpsnipe: cryptocurrency/defi protocols. Requires every protocol to KYC every user for each transaction. ETH is crashing, chuds most effected. :chudtantrum:

https://x.com/DumbApe69420/status/1872686842941935890

Lots of bitching about ruined holidays.

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"offramp from the federal reserve" come on bb it's about people not wanting to pay taxes on the money they earned, it's not actually ideological beyond a thin veneer to justify that they're simply greedy

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Still don't understand how to cheat taxes with crypto? Coinbase etc sends a report to the IRS for each user each year.

i worked at a very busy cash only restaurant. would you say that form of business should be illegal because its used to underreport taxes? edit: of course not because you are fat edit 2: and 80 percent of your thoughts are about what you are going to eat next.

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Still don't understand how to cheat taxes with crypto? Coinbase etc sends a report to the IRS for each user each year.

they can only do this if you provide accurate information about urself bb, that's what this reg is about, to make sure they can do exactly this

i worked at a very busy cash only restaurant. would you say that form of business should be illegal because its used to underreport taxes?

everybody knows that cash-only places virtually always commit tax fraud, imo that doesn't justify banning them at all but it does mean that it probably makes sense to target them for audits

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they can only do this if you provide accurate information about urself bb

bby grl, what does this mean? coinbase will tell them which wallet you went funds to coinbae and they can link them with your other wallets and literally audit you with the push of a button.

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Well it sounds like Coinbase is already collecting this information then, so these regulations won't have much impact on their customers. I don't use them so I couldn't tell you specifics.

These types of regulations are standard practice for brokers though.

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