(TMU) — According to a recent study from Credit Karma Tax, a very small percentage of the people who own cryptocurrency are actually reporting it to the IRS. Fewer than 100 of 250,000 federal tax returns prepared and filed so far this year through the company have reported cryptocurrency gains and losses, Credit Karma told CNBC on Tuesday. “Generally, […]
(TIM) — Lawmakers in Arizona, Colorado, and Wyoming have all recently taken legislative action that seeks to further support cryptocurrency. On Thursday, the Arizona Senate passed a bill that would allow residents to pay income taxes using Bitcoin and other cryptocurrencies. This implementation has practical significance, allowing the use of cryptocurrencies as a payment option in a state revenue […]
The year 2017 will go down as a particularly tough one for ordinary citizens, particularly in the global South. A sharp rise in government restrictions on fundamental freedoms across regions, as well as in levels of inequality, played a big part in that negative review.
According to a recent Oxfam report, 1% of the world’s richest elites now own 82% of the world’s wealth, with a dollar billionaire having been created every two days in 2017.
A Stanford University public debate between Peter Thiel and Reid Hoffman focused on technology and politics, with cyrptocurrency and artificial intelligence taking center stage.
Thiel was a strong supporter of President Trump during the 2016 election, while Hoffman conformed with a vast majority of his peers, acting as an advisor to Hillary Clinton, according to Recode, while using his fortune to bolster liberal candidates and causes.
(ANTIMEDIA) — Internet giant eBay made headlines this week over its decision to drop Paypal as a payment processor on its site. While this was news in itself as Paypal’s stock price took a dive, perhaps more interesting are the potential options that come with eBay’s new processor, a Dutch company called Adyen. Adyen, which processed roughly $25 billion worth […]
Next up: FeDCoin, if the Washington Post is correct... but as always, caveat emptor!
The Washington Post Propagandizes Again: Says 'Fedcoin' Will Be 'Bigger'…
The post NEWS AND VIEWS FROM THE NEFARIUM DEC 21 2017 appeared first on Giza Death Star.
(ANTIMEDIA) — As the transition towards a blockchain based economy continues, the established financial powers are desperately trying to stay relevant. In an attempt to boost their credibility, analysts at Deutsche Bank are finally admitting that state-run fiat currencies are becoming obsolete.
Today I depart from my usual methodology, wherein I get to my "high octane speculations" at the very end of the blog, after referencing…
The post WALKING AWAY FROM ALL THAT DEBT: CRYPTOCURRENCIES appeared first on Giza Death Star.
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(ZHE) — Former Fortress Principal Michael Novogratz left the firm’s colossal macro hedge fund almost two years ago, but has been discussing investments in virtual currencies since 2013 when he told a UBS conference…
“Put a little money in Bitcoin…Come back in a few years and it’s going to be worth a lot.”
