Bitcoins/Litecoins/Virtual Currencies

Tmac said:

I saw a lot of articles floating around while Trump was still President, which I thought was weird bc you'd think he'd try and prevent a huge hiring sprint in the IRS, but (since I'm lazy) I couldn't find much from back then, but here's very low effort front page of Google results:

Biden Wants to Hire 87,000 Additional IRS Agents to Go After Wealthy Tax Dodgers

Beefing up IRS audits for the wealthy could increase federal revenues by $700 billion over next 10 years.

truthout.org

Biden plan to hire 80K IRS agents will backfire, letting wealthy dodge taxes, expert warns

President Biden’s proposed tax hikes and plan to hire more than 80,000 additional Internal Revenue Service agents could wind up helping the super-wealthy to avoid paying their fair share, according to a new analysis.

www.washingtontimes.com

Treasury Confirms: Biden Plans to Hire 87,000 New IRS Agents, Enough to Fill Nats Park Twice - Americans for Tax Reform

President Joe Biden wants to hire 86,852 new IRS agents, which would more than double the agency’s workforce. To put this into perspective: With 86,852 IRS agents, you could fill Nationals Park twice 86,852 IRS agents is more than the population of Biden’s hometown of Wilmington, Delaware which...

www.atr.org

Click to expand...

That was attached to the infrastructure bill, which will never pass Congress. As of right now it looks like 10k is the actual figure.

Mist said:

Congress passes $1.2 trillion bipartisan infrastructure bill, delivering major win for Biden

Congress has passed a $1.2 trillion bipartisan infrastructure bill, delivering on a major pillar of President Joe Biden's domestic agenda after months of internal deliberations and painstaking divisions among Democrats.

www.cnn.com

The bill that passed 5 months ago?

lol please keep up.

Click to expand...

Tmac said:

I retract my previous statement and double down.

Click to expand...

Sorry, my mistake referencing the infrastructure bill. I misread something and didn't think about it.

But regardless, the IRS is only hiring 5,000 agents this and next year (never mind that they're having trouble filling those positions). The plan for 87,000 positions or whatever would take a decade to fill and will certainly not be realized during Biden's tenure.

Hearing some rumors surrounding Bitcoin, Jack Mallers (Strike), and Apple. Things seem to be pointing to an upcoming announcement from Apple (Bitcoin Conference?) about adoption of Bitcoin on some level. Not a ton of evidence, but some breadcrumbs are out there. Take it for what you will.

Woz is a Bitcoin (not crypto) bull

The dairy industry tried for 20 years to convince you that milk was good for you. It’s a lie, but they tried anyway. And the sales were falling. And then they tried “Got milk” and the sales went up. “Got milk” wasn’t even talking about the product. In fact, it focuses on the absence of the product. - Steve Jobs

Click to expand...

I read this as Apple pay integrating Lightning Network transactions via Strike. Impossible to know, but speculation is fun

Get your coins off of exchanges! EU just essentially made holding your own keys untenable if you're using a normal KYC exchange.

Vitalik writes a defense for Bitcoin maximalism. I didn't agree with everything he said, but he did make a strong argument for it. I find it amusing that he's making this honest defense of Bitcoin against his own creation as an April Fools joke... it must have been rather cathartic for him.

Maximalism is not just Bitcoin-for-the-sake-of-Bitcoin; rather, it's a very genuine realization that most other cryptoassets are scams, and a culture of intolerance is unavoidable and necessary to protect newbies and make sure at least one corner of that space continues to be a corner worth living in.

Click to expand...

EDIT: Worth noting Vitalik himself invented the term Bitcoin maximalist and "Toxic" maximalist

For better or worse, Bitcoin network is getting the ability to transfer 'digital assets' (think stablecoins) via the Lightning Network. A lot of altcoins are going to be losing their usecase

Hope you guys stocked up on Doge for the pending announcement re: Doge/Musk/Twitter







JK