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RE: The Government Is Coming For Your Bitcoin
If the IRS gets access to CoinBase,every other aspect of crypto will be next!! Eventually there will be nowhere to hide. Which is EXACTLY what the banks and governments want!
The IRS are thieves who set up the fraudulent banking system . The irs is an illegal institution just the like the federal reserve & you know what they both have in common? The federal reserve and the irs both came on the scene in 1913 THE GREATEST MOST FRAUDULENT INSTITUTIONS PERPETRATED UPON US U.S. CITIZENS IN OUR AMERICAN HISTORY.
This is not true.
First off, I encourage people to pay taxes & be forthcoming.
Yes the blockchain is a public ledger, but this is a good thing, because it prevents exactly the kind of cheating you mention in your comment above. The ledger is secure because it is governed by math, and we know that the laws of math are immutable. In other words, they cannot create crypto out of thin air and no one can touch your crypto without your private "keys" even if they can see the balance in one of your wallets via it's public address. Your crypto wallet cannot be seized, like your bank account can.
As for privacy, there are sectors of the cryptocurrency market delivering this valid feature. Monero, XMR, is one of the privacy coins. Z-Cash & BitcoinDark are others. I believe Dash offers a certain level of privacy as well.
There are well over 1200 crypto assets existing at this very moment, with under 800 at this time a year ago. The genie is out of the bottle and ideally crypto will enable the ending of the Fed's reindeer games.
Preach brotha! Most people don't know this, it's straight up theft. They're like a giant leech.
If I am not mistaken, a deal put together in the middle of the night outside the prying eyes of the public.
And that's all we need to know. Secret deal with no chance for the public to find out till it's to late.
Yeah the public finds out only after they are totally screwed.
I was reminded of that reading that the Senate passed the tax bill...in the middle of the night where it couldnt be opposed.
Watching politicians fight over tax will ruin your day!