You can literally feel the stress in the air at airports and train stations. I need a break from this energy

It really sucks that there are people who treat the entire cryptocurrency space as a way to gamble fiat without going to the casino. They completely miss the opportunity the people finally have to completely opt out. I really hope for the sake of future generations liberty that people will catch on to it before its too late.

The midwits on xitter are calling $107k the top hahaha ya we needed this shake out

Elon is causing chaos in DC 🍿

- The left says if there is a government shutdown, Elon is to blame for influencing the stopping of the bill

- MTG and other republicans are all for a government shutdown until January 20th lol

- Rand Paul calls for Elon Musk to be elected speaker of the house

Things are wild lol

Relatively high chance imo that we go back to the 80-85k range so that these new bitcoiners and shitcoin frenzy get a taste of pain

They make everything so difficult. Perhaps there is a threshold for reporting?

“New IRS regs are on the way for bitcoin - complicating reporting even further.

Essentially, before 2025 begins, the IRS wants bitcoin holders to allocate their cumulative cost basis of their assets among designated wallets.

They're requesting this in anticipation of a new accounting method which mandates that gains/losses on bitcoin is calculated independently in distinct wallets.

This new rule is rolling-out in tandem with a new tax form called the 1099-DA, which will be filed by exchanges/brokers to report details of client gains/losses to the IRS.

As we anticipated, they're going to make the administrative burden on using bitcoin - as currency- evermore difficult. They're effectively discouraging self-custody and privacy with these kinds of regulations.

…

These new regulations will result in more exchange power and centralization, less privacy, and more overhead for those who want to use bitcoin legally as a currency.

Also to note, the IRS has begun to integrate AI into their review of tax returns and blockchain activity.

Walls closing in, gentlemen.”

Good evening, gentlemen 🥂

tag a nostr bro 🫂

Yea bitcoin is great but the autist plebs are what kept me here for 11 years.