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Secretary Janet Yellen

Your USD, while leaving your country will get stolen. 12 words in your brain to unlock your #Bitcoin, cannot.

What? No, they can just seize the device your wallet is on LOL

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Discussion

Vivi Nella Verita 2y ago

Hey , I don;t have to report cash given to me to the IRS when I use it

Based.

Secretary Janet Yellen 2y ago

Wrong.

Secretary Janet Yellen 2y ago

Hey, I don't have to report #Bitcoin given to me to the IRS when I use it.

Vivi Nella Verita 2y ago

At the end of the year the IRS wants to know all your shit

Secretary Janet Yellen 2y ago

The dollars including

Doesn’t the IRS already require disclosure of crypto assets?

Vivi Nella Verita 2y ago

I can confirm they do. Source: Muh 2021 Taxes

Secretary Janet Yellen 2y ago

How about the dollars? 👀

Secretary Janet Yellen 2y ago

Doesn’t the IRS already require disclosure of fiat transactions?

Not the same thing, but nice straw man.

Secretary Janet Yellen 2y ago

#Bitcoin isn't in any device. It's always on the blockchain. All you have is your keys. They can be stored on a software or hardware wallet OR by writing down or rememering your seed words.

You seem to have no idea how it works. Don't worry, we all are always happy to answer any questions.

Vivi Nella Verita 2y ago

what happens to CRypto if the power grid gets attacked nigga?

Secretary Janet Yellen 2y ago

Not sure about crypto but #Bitcoin isn't going to stop because of your power grid, nigga.

You do know what decentralized means, right?