New IRS rules regarding crypto go into effect in less than a week. The IRS Safe Harbor is your final opportunity to strategically allocate unused cost basis before the new rules take effect in 2025.

RULE not law, DO NOT comply

2013: $BTC topped 367 days post-halving 2017: 526 days 2021: 548 days If the trend holds, next peak could hit in Oct 2025. Subscribe now and join 130K+ investors prepping for the next big cycle.

Excuse me sir… Ahem… What actual congressional Law or U.S. Code defines what cryptocurrency is & how cryptocurrency & XRP should be taxed? The overturning of Chevron Deference… As Of June 28, 2024… Federal agencies no longer have the power to interpret ambiguous laws to fit their narrative… Agencies like the IRS & the SEC … Do not have the power to create law or interpret law to fit their narratives, especially now with the overturning of the “Chevron Deference” by the Supreme Court… this gives the power back to the Supreme court & other Federal courts to interpret the law. The federal courts for the past forty years allowed Federal Agencies to determine how to interpret laws for themselves. as of June 28th 2024 the supreme court decision now revokes the power from Federal Agencies to determine and interpret the laws for themselves.

People who sell their Bitcoin we have a name for them We call them poor.

Nobidy cares. We are waiting for the new administration then we will move forward. Fuck the IRS

Stop complying with tyrants! Bitcoin was designed to separate money from the state.

Isn’t cryto currency a currency? So doesn’t that mean it’s not tax? It’s like I’m going to Europe and exchanged usd to euro. We don’t get taxed for that …. Correct me if I’m wrong please

I don’t have a crystal ball. But if I had to guess governments in the future will offer tax-free benefits when selling BTC so they can add it to their reserve.

trying to push this through at the end of the year when people enjoy their holidays and spend time with their family is evil.

It’s obviously a trap. The IRS is asking you to report how many eggs your chickens lay each day, claiming they need this information to determine the appropriate cage size for when the eggs hatch. However, each chicken requires its own cage, and you’ll be responsible for the costs associated with maintaining these cages until the chickens pass away. Funny!!

Don’t sell your BTC and don’t comply with tyrants. There, I fixed it for you.