hahahah imagine when we finally get the facebook and yahoo.com crowds over here!
People will buy a bunch of steem when its like at $2, and then steem will drop to $1, and they will complain about how steemit "lost them half of their life savings" or when they buy a bunch of steemppower, and then they decide they NEED some of tat money, and they realize it takes 14 weeks at 1 week at a time to get all your steempower back into liquid steem that you can actually spend...and theyll claim that they were NEVER warned and that now steemit is just costing them money or how steemit is DEFINITELY just a ponzi scheme...just look at all the negative articles about steemit today!
Tons of negative articles from haters who all usually happen to have a steemit account and they probably aren't making much money and they also arent even posting! they expect to just post once a ay and make $1000 per post LOL
God i can see it now! people getting mad at steemit in the future because theyre not making enough money!
When other social media pays them $0 and they never get mad at facebook or instagram for not paying them!
People strike out at those closest to them! they dont get mad at the asshole who deserves it because that asshole wont care! So they strike out at a loved one who they CAN hurt! But its misdirected anger!
https://en.wikipedia.org/wiki/Displacement_(psychology)
OH I LOST THE KEYS TO MY BITCOIN! IM SUING BITCOIN BECAUSE THEY LOST MY MONEYS
OH I CANT SUE BITCOIN? THEN I WILL TAKE MY ANGER OUT ON WHOEVER IS IN FRONT OF ME AT THE TIME!
thats how people found when they threaten to sue "bitcoin" lol
People I meet on the street who claim to work in finance tell me about how they are "suing bitcoin" wne when I ask who they are actually suing, they respond with "yeah you know the main bitcoin guys, bitcoin.org" hah its just crazy! like someone threatening to sue the MP3 as if you could sue a file format! SURE there is a lab in Germany that created the Mp3 Codec software! Just like there is someone or something that invented bitcoin and released it in 2008/2009 but it was not some sort of internet virus that hacked into bank accounts an took peoples money! It became its OWN form of money with people ditching the banks to use IT instead! and you CANNOT tax it as theres nothing TO tax! The banks and IRS are just completely envious that we are using our own money system without them!
If you created your own software, like ethereum, and someone happens to use it for money, thats not your problem! Ethereum is a worldwide super computer and ethereum "tokens" buy computing power! the fact that you can also use it as a store of value is a SIDE effect!
Buying and selling bitcoins for fiat money is NOT like stocks or any capital gains!
there are no "tokens" its a LEDGER and the fact that people VALUE having your NAME(private key) in this ledger has NOTHING to do with ANYTHING that involves paying a tax!
If I bought 1 ounce of gold back when an ounce of god was only like $10 and I lived this long and I still have that ounce of gold, and i melt it down and use small parts of it to trade for my food and pay my bills etc, what is there to pay any taxes on f you buy a bitcoin for 10 cents in 2009 and that bitcoin is $2400 now, and you happen to use small pieces of that bitcoin to pay for food and rent etc, why would you "pay taxes" on it? what is there to pay taxes on? even if you "sold" the bitcoin u arent selling anything your just trading youre private eys for some cash so someone else can use it! itss not like buying and selling foreign currency, this is not a "currency" in the sense, its not a token eithr its not "digital money" its ALL just a ledger! and everyone using bitcoin agrees to use and uphold this same ledger!
of course noone making big money will go out there and tell people to not pay taxes HOWEVER people make a LIVING teaching others how to AVOID taxes! tax EVASION is illegal tax AVOIDANCE is your DUTY as an American and as a Human being! Alll income tax is illegal! and unconstitutional! everyone knows this we all just agree to have our money stolen every year unless we have the money to pay to for the loopholes!
And look do you think drug dealers on the darknet report their earnings?
if you keep all your coins yourself, and trade on shapeshift or Exodus all on your own computer, who is there to report anything?
The government CANt track everyone using crypto and you CANT just DEMAND someone pay taxes because they happen to be "making money" NO we are just making BITCOINS which is NOT like money!
its a fucking Bank account like if god had a ledger!
its like DNA!
people think you can just sue "Satoshi Nakamoto" as if that was even a real person lol people dont get that it was nver even a japaese person to begin with
and lets say you DID create bitcoin!
its fuckin software! the mentality of these mental midgits, thinking that you can sue or arrest someone for "creating their own money system" well no it WASNT a "money system" it was just SOFTWARE code! and it ended up being su useful that it just spread and spread and like a virus it took over and started manifesting itself taking over more computers
does anyone else get mad when people talk about creating a lawsuit against "bitcoin" and then gys over at bitcoin.org or bitcoin.com end up getting in trouble, having to explain to a fuckin judge how they are in no way the creators of bitcoin, but a stupid judge then thinking THEY know better, and just assuming since they profit off the bitcoin trademark that they are now the offical bitcoin "people" god these people dont get what decentralized really means!
And people who claim bitcoin markets are "rigged" or "manipulated" are ALl liars or ignorant!
HOW would you "rig" a crypto currency market unless you actually BOUGHT most of it???
None of these bankers have the balls to actually throw all their wealth into bitcoin!
if the shadow bankers DID put all their money into crypto, WE WOULD SEE some of it ! but look the marketcap is around 100 Billion dollars now! and most all of it is small investors and individuals! We would KNOW if a big bank decided to put its millions into crypto! the market would show us!