head shots 
cryptocurrency/defi protocols. Requires every protocol to KYC every user for each transaction. ETH is crashing, chuds most effected. 
https://x.com/DumbApe69420/status/1872686842941935890
New DeFi broker reporting regs are out. They are ass. Everything is pinned on "front end" providers for information reporting.
— Alex Golubitsky (@DumbApe69420) December 27, 2024
As much as I want to dig into these and start formulating strategies to deal with them, it seems really unlikely they will ever go into effect, givenβ¦
Lots of bitching about ruined holidays.
Does the IRS do anything but ruin people's holiday's (and every other day)? π
β Hermes Psychopomp, JD. (@Cypherpunk69) December 27, 2024
IRS TARGETS FRONT ENDS IN FINAL CRYPTO BROKER REPORTING REGS
β CryptoTaxGuy.ETH (@CryptoTaxGuyETH) December 27, 2024
Today, Treasury and the IRS issued "part 2" of the crypto broker reporting regs. Part 1 primarily addressed CEXes and other custodial actors and is summarized in the below-linked tweet. https://t.co/LIdSD0rWv7
1/12
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This is why i didn't invest into crypto. I thought gov would delete it like this and make it useless.
I didn't expect it'd be used as a fricking neurodivergent become a millionaire gacha game and i'm apparently an r-slur because of it
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Metas come and go, you just gotta get in while it's hot and not be caught holding the bag, or at least cash out regularly. Think back to a decade ago when the meta was to create stupid companies and farm VC money from Masayoshi Son. Everyone knew that shit was stupid at the time and it still made more than a few undeserving billionaires.
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you gonna reveal your wallet first right?
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