4 ms·
> you need to be very careful about tying your public identity to any statements about holding this amount of cryptocurrency. I've seen extremely well targeted
by objclxt 9y ago
> you need to be very careful about tying your public identity to any statements about holding this amount of cryptocurrency. I've seen extremely well targeted (successful) spear phishing and identity theft attacks to steal bitcoin
...and hopefully you correctly reported the profit/loss on those coins to your friendly tax authority, otherwise it's not just thieves who will be out to get you.
- Ntrails 9y ago> it's not just thieves who will be out to get you. Man I hate the implication that the tax man is being unreasonable by applying basic goddamned tax rules to profits made in all of a persons enterprises. They aren't out to get you, they're out to collect a "fair" proportion of your earnings to pay for a crapload of services which you and your community use every god damned day.
- topbanana 9y agoYou say they're basic. But in the U.K. currency speculation profits are tax free
- raverbashing 9y agoYou have to check if it's considered as currency trade or capital gains (=profits)
- qeternity 9y agoNot true. Spread betting is tax free, which most retail FX trading is conducted as. But people don't realize they are paying huge implicit trading costs to do this. And institutional investors (who certainly don't use spread betting accounts) pay ordinary rates on FX trading just like anything else.
- aminorex 9y agoIn the u.s. the largest share of your taxes goes to kill brown people.
- logicchains 9y agoAssuming the person you're replying to is an American, the majority (> 70%) of the federal budget (http://federal-budget.insidegov.com/l/119/2016 http://federal-budget.insidegov.com/l/119/2016) goes to military spending, interest payments, pensions and welfare. If the person you're replaying to is a software developer, they're likely financially independent and not relying on any such services.
- rjp0008 9y agoHow is any American not relying on military spending? In any case, we decided as a society that even if you aren't using programs you still need to contribute to them. That's how they get funded... You think the people on safety nets pay enough in taxes to pay for the programs?
- stale2002 9y agoBecause 99% of the military's job isn't to protect us. It is to bomb counties that we should be ignoring.
- Retric 9y agoOver the last 20 years 'War' has averaged less than 50% of US military spending. ICBM subs for example have been expensive and unused.
- fivestar 9y agoThe nuclear deterrent has prevented a world war that would probably wipe out our species, though.
- fivestar 9y agoI actually think the "bombing other countries" is just a horrible side effect of the MIC system that is designed to absorb a tremendous amount of wealth and filter it to those corporations. They have us all living in fear while they create the enemies. As we saw in the UK yesterday, all that spending did not prevent another horrific suicide bombing. We need real defense, not corporate welfare.
- mylons 9y agotax collectors were public enemy #1 in the new testament.
- Erik816 9y agoFor the local colonized populace, not for Jesus.
- TremendousJudge 9y agowell that closes the case then