In this video, I give you the top crypto news stories of the day in less than 3 minutes. Janet Yellen has said that they now want to tax Americans on unrealized gains. Find out why this is the WORST crypto news ever, and why it should NEVER happen. The US treasury is set to give oversight on stablecoins. Finally, is China reversing its Bitcoin mining ban?
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50 Comments
Shiba is the biggest gainer…to 1 cent soon, an opportunity not to be missed
Old news bitboi.
Man you are workaholick
Drop the fox News talking points….the tax is for billionaires….not you…it will affect about 25 people in the USA. ….get your info straight, Mr. Brainwashed/hack.
This is aimed at billionaires, don't think most of us have to worry…
Hey bitboy just reminder, you cant have an economy run on bloated assets that also doesn't work.
EverGrow is Exploding !!!!
we dumped today
The fact of the matter is that crypto was created by people waaaaayyyy smarter than these dinosaurs in the whitehouse and the SEC. You cannot reign in crypto. You can try but you will fail
Taxation without representation or forced taxation, the last time this happened, it sparked the greatest revolution ever!
WHY do you have these many views. HOW can you have this many subscribers?
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works..
Shiba will be #3.
Stop amature…. your a clown
China will unban crypto, then ban it all again next year 😆
Your tablet viewing is a waste of time. You can't really tell what you are showing most of the time.
Such a shooter in the dark. Sad part is people listen to this clown for knowledge.
So happy I don't live in the so called 'Land of the free'. Money grabbing scumbags.
This guy may be rich, but his calls have been way off (September ATH, short term calls too)
Lolololol, I’m tired of hearing people talk about what you talk about because you know no more then the average person into this, I like to sit back back laugh
All about the Great Reset!!! By 2030 you'll own nothing and be happy! This is absolutely criminal!! They are begging for another full blown revolution! According to some pics, (haven't independently verified, but the UN flag as been raised over Sidney. Australia has fallen, and then the FB whistleblower is a plant for the companies ASKing for more regulation to control us even more! Wake up!!!
Good thing i am mexican
A stable coin has to be backed. How many are?? Its the Wild West and some oversight is not a bad thing. Tether is a catastrophe waiting to happen, and if it does the crypto market is DONE.
I also hate the Inheritance and estate tax. Anyway they can steal money from people. It makes no sense to me how you can tax people’s assets after they die. They already pay taxes on it before they die.
We definitely need to make our voices heard on the crypto. Is there any petitions or anything people can sign to make a difference?
Ben hating shiba why
My baby say shibaaa before mommy and daddy
Hey Ben, can you touch on the kleiman v Wright case? This is a huge case with enormous implications!
He consistently changes his mind on different assets. Part of the problem if ya ask me. #shiller
Democrats come up with the most stupid ideas
He says safemoon blah..lol… a coin that has potential,utility and an exchange in the next month.. I'm pretty sure safemoon a wow…. his bitcoin and etherium both a potential security may just decrease with the wind..but he won't say that because of bitboys investments I them both..lol…joker!!
How abt we dont wait for anyone to change their policy? We the people are the policy. Stop the tyranny now!!
Can one trade alone by depending on her skills?.. I tried doing that but made a lot of losses.
Hippo pumps bro
Government doing fascism isn't communism.
Forgot safemoon 😂
Thanjs fir the update
because if you make money in a volatile coin like shiba, and then you put your profits in a stable coin , then the SEC will be there to see what your profits are and report those profits to IRS so they can tax the shit out of us, because God forbid the little guy was able to get ahead.
who is the bigger idiot, the ones trying to impose this scheme or the ones surprised by it? So you didn't see this coming?
close your mouth and be quiet
The idea of paying tax on unrealized gains is not new. We have this in the Netherlands for years. Even with negative interest on savings, you have to pay tax based on so called realized gains on your savings of 4%. And now our government is wondering why everybody changes their assets in crypto and store it anonymous on the blockchain. They are all morons!
Why they want to “wolf” at their citizens so much? How do they recredit a taxpayer when an asset goes back down? Will each capital gain event have a log? What if it goes back down below into the red for a day? 300 million people with speculative, oscillating and credibly debatable capital gain data bases sounds like an undoable computer program and/or a 200k work force. You be bullshitting.
The mining van was because they knew they had power shortages coming. (In the last month China has had rolling blackouts)
The crypto ban was perfectly timed for the already wealthy in China as the ban was on trading, not holding) Those in China already with Crypto get to increase their wealth in the end of this bull run but stopped others doing so. Ofc they will reverse the trading ban when the wealthy need to sell to make money.
Glad I’m day trading
Liberalism is a Mental Disorder period……..
China wants to reverse their crypto ban …….just so they can ban it again
Dead cat bounce of Bitcoin
On 4 hourly pattern First lower achieved at 58K second lower will be 57 K.
Afterwards some lower lows will be achieved.
Be cautious
Lol bitboy is at it again
Metahero king
What app is he using?
Tough times for American crypto fam. My heart goes out for You from the other side of the Atlantic.