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Until 2003, the Secret Service was part of the Department of the Treasury, as the agency was founded in 1865 to combat the then-widespread counterfeiting of U.S
by mjburgess 5y ago
Until 2003, the Secret Service was part of the Department of the Treasury, as the agency was founded in 1865 to combat the then-widespread counterfeiting of U.S. currency.
-- https://en.wikipedia.org/wiki/United_States_Secret_Service https://en.wikipedia.org/wiki/United_States_Secret_Service
- toastal 5y agoWill this mean we can treat cryptocurrencies like fiat currencies when tax season comes?
- mjburgess 5y agocryptocurrencies arent currencies, so i'd guess not
- imglorp 5y agoThey are treated as commodities for tax purposes: when you sell them or use them to buy something, there is a tax consequence because you saw a gain or loss. https://www.irs.gov/businesses/small-businesses-self-employed/virtual-currencies https://www.irs.gov/businesses/small-businesses-self-employe...
- UncleMeat 5y agoNo. The IRS doesn't operate on "well it seems like these are the same thing." And further, you have to pay capital gains on forex transactions anyway.
- hasmanean 5y agoMaybe they also protect the president but they are really there to protect the currency—from the president.