Little confused I got letter from the IRS saying I’m being garnished for outrageous amount $125,847 because money I made on coinbase. The thing is I’ve never had a coinbase account..
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https://www.fidelitydigitalassets.com/articles/bitcoin-first By Chris Kuiper and Jack Neureuter 01/31/2022 Once investors have decided to invest in digital assets, the next question becomes, “Which one?” Of course, bitcoin is the most recognized, first-ever digital asset, but there are hundreds and even thousands of other digital assets in the ecosystem. One of the first concerns investors have regarding […]
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Currently, bitcoins are selling for approximately $38k USD. This is like saying one bitcoin is worth the same as a midsize family sedan. How many midsize family sedans are there? A lot more than 21 million. I am not an insanely rich person. But I wouldn’t sell a single satoshi for less than $400k/BTC (in […]
Please correct me if this is wrong mathematically thinking. The USD money supply is about 21.5 Trillion(21,500,000,000,000) If I have one piece of that called 1 Dollar I have 1/21,500,000,000,000 th of the money supply. In comparison the Bitcoin supply today is about 19,000,000 full bitcoins ( not accounting for lost coins, etc.. ) Owning […]
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Bitcoin: A Peer-to-Peer Electronic Cash System I believe massive amounts of people misunderstand the title of the Bitcoin white paper. Think of this casual statement “Don’t forget to grab a pack of smokes while you’re out. There’s some extra cash on the coffee table if you need it.” From this frame of reference, it is […]