In solidarity with those that are waking up to find that TikTok is no more, I have logged out of X.
Discussion
I get that I should just delete it entirely, and I've been close for a long time, but I'm not sure I can get all the into I need from just Nostr and nostr:nprofile1qqstnffh2gam5t7d46zhmyxc5asdunep88yljrvcda68ee7sasx3w0gpz9mhxue69uhkummnw3ezuamfdejj7qg4waehxw309aex2mrp0yhxgctdw4eju6t09uq3wamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmny9upwsw84.
I would have biffed the safe harbor tax nonsense for example.
Sorry Lizard, we'll do better.
I would add that the sole reason why it seems like nonsense now is because it was delayed following outrage and is now irrelevant for a year. Other than that it's yet another regulatory/privacy attack on bitcoiners and their capital.
The part where exchanges have to report your cost basis has been delayed for a year. The per-wallet tracking for individuals is still required for tax year 2025. Ironically as I'm talking about the fact that I knew about the tax changes because of X, X also caused a ton of confusion thanks to clout chasing influencers who confused people by reporting that ALL changes were delayed. Here is a helpful writeup on the changes and what hasn't changed:
https://coinledger.io/blog/is-the-irs-delaying-crypto-tax-reporting-requirements-until-2026
You are correct that these changes are intended as a back door way to ban self custody by making tax reporting more difficult.