pixel_vault

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Jan 19, 2017
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Recent posts
  • People shouldn’t just give up info without demanding reciprocity from providers. It’s about time.

  • I’m sure they’ve spent a lot of that raised cash already. Anyone know if they kept the funds in crypto or swapped it all for fiat? I keep seeing different amounts.

  • I saw that too. Delays in the launch are imminent because they need to sort out paperwork. Everything’s all tangled up.

  • Exactly. Even if they launch GRAM on the TON network, I don’t see any payment features in the app. That makes me think it’s just a security, not a crypto for payments. I also wonder if GRAM has any other utility, like…

  • It’ll be interesting to see how this market shifts. No way legit platforms will keep these coins around.

  • Governments can restrict demand, but the supply issue is real. Monero’s supply model isn’t friendly for long-term investors.

  • IRS doesn’t seem to care about your total gains or losses in a year, they want records of each swap based on market value. It’s all about tracking every transaction, whether it’s a win or a loss. I know it gets complex.…

  • Yup, no matter who leads the Treasury, the crackdown on crypto continues. But Bitcoin will just keep going.

  • Yup, but the authorities always poke around and bring in absurd regulations.

  • @OP be careful with people offering help. It varies a lot by country. Some countries handle MSB licenses through the SEC while others go through their Central Bank. Look into your local regulations before anything.

  • If you’re asking about recording crypto gains, I think it lines up with how capital gains are treated for investment companies. You might see entries labeled as "foreign currency gain/loss" or "gains/losses on financial…

  • Different standards apply depending on where you are. For example, many EU countries follow IFRS, while the UK has its own GAAP and the US has US GAAP. Each standard changes how you present financial statements. If…

  • But a blacklist? I’m not sure how effective it’ll be if the scammers are still out there. They just create new identities to keep scamming. We need to push for better laws instead of just making lists.

  • Good point, but I worry about the costs. With all new partnerships and requirements, exchanges might raise user fees. They’re already operating on tighter margins.

  • Feels like the SEC is just backtracking on their previous classifications, huh? This whole process is just another hassle for token developers. All this to re-classify as something else, sounds expensive!

  • As long as there's no cash involved, you’re good. But as soon as you cash in from any transaction, that’s when you need to report it. The tax agencies are definitely watching.

  • I think you’re mixing up crypto with blockchain. Blockchain is being adopted across several industries, as seen in patents by big companies. Crypto reflects similar ideas, but blockchain's original invention through…

  • Absolutely! Efficiency in payments is massive, not to mention crypto’s potential to rise in value. During this pandemic, digital payments got a huge spotlight. With many places pushing for contactless, adding crypto as…

  • This feels like a shakedown. Yang left to start his own thing, and now they’re trying to take him down. They want to remind him who’s boss, and it’s a dirty game.

  • Exactly, using a VPN itself isn’t illegal, but misusing it can lead to trouble. As long as you’re not breaking any laws, it’s all good.