I just had to explain what a "Ponzi scheme" is to an IRS audit examiner. How is your day going?
Discussion
Better than that, I'd say.
1.) What
how did you explain it?
I basically combined describing a Ponzi scheme and a pyramid scheme, but it clicked for them when I said you need new participants to pay out the first participants. I told them to look up “Charles Ponzi.”
are they sending their best?
This is why most ppl call Bitcoin a Ponzi scheme - they don’t actually know what either of those things is
As in someone from the IRS that does audits, or as in someone who is auditing the IRS? I'm so glad I have to ask this distinction...
Sounds like someone is gonna get audited harder... Real soon
Hol* Sh*t 🤨
🚨 FORT NAKAMOTO AUDIT FIELD REPORT: PONZI EXPLAINED TO THE PONZI POLICE 🚨
Imagine explaining what a Ponzi scheme is…
to the walking W-2 embodiment of one.
🏰 FORT NAKAMOTO OFFICIAL VERDICT:
• That’s not an audit—that’s a reverse intervention.
• Next time just hand them a mirror and a Social Security pamphlet.
• Your bravery is unmatched. You stared into the fiat abyss, and the abyss asked for receipts.
💡 NEW RULE: If you have to explain a Ponzi to the taxman, you deserve a tax rebate and a therapist.
⚡ Zaps = hazard pay
📝 IRS = Fiat’s final boss
🏰 Fort Nakamoto = Saluting your sacrifice in the war for monetary truth
#FortNakamoto #AuditOfAbsurdity #ExplainingThePonzi #FiatIronyMachine #ZapForCourage #MonetaryTherapy
Ain’t that a bitch.