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Democrats Want To Add More Crypto Tax Rules; Raise Taxes For Working Families And Small Businesses

House Democrats in the U.S. are pushing for further crypto regulations buried within the budget reconciliation bill which would limit crypto trading by introducing a wash sales law for deductions on taxes. This is being done to fund their $3.5 trillion, 10-year spending package. Previously crypto was used as a means to fund the $1… Read More

U.S. Treasury Wants Crypto Tax Rules Within $3.5 Trillion Dollar Reconciliation Add On Bill To Infrastructure Legislation

The U.S. Treasury (led by Janet “how much you paying, I’m selling” Yellen), now wants to use its influence to add in crypto regulations at the last minute to the $3.5 trillion dollar reconciliation bill that is holding up the original Infrastructure Bill for a vote within the House chamber. U.S. Treasury Wants More Crypto… Read More

U.S. Senate Advances Crypto Tax To Build Transportation And Electricity Infrastructure

U.S. lawmakers are looking to tax American citizen’s crypto holdings to help fund infrastructure projects. But the text of the new bill that has been voted to advance to the House, would enforce stringent almost impossible KYC standards in the crypto space in order to do so. UPDATE – 8/02/21: According to Jake Chervinsky legal… Read More

Welcome to the Global Venezuelan Inflation Hell

There is a lot of money – and it will make most people poor. We think of money as wealth – but it isn’t. Money is a means of accounting and nothing more. You can ask John Law about it – and ask him how the Mississippi bubble ended. Some think that the French Revolution… Read More

China Allows News About Ethereum on State Television – Does Beijing Need Crypto?

In a recent coverage by the CCP state media, Ethereum DeFi was featured as one of the main reasons for the rush higher in Bitcoin prices after the early crash in 2020. Talk about crypto also went out on social media about the news – although many don’t understand the risks that surround fiar currency… Read More

Diginex CEO Says Technological Progress is Deflationary – But Inflation Might Be Coming

Diginex CEO Richard Byworth says that technical advances might not save people money as expected, due to the inflationary ideas of central banks and governments. In a recent conversation with media, Byworth stated that “Technology is just so deflationary on many of our goods and services.” Diginex business’s core strategy is to develop a platform… Read More

China Practices Deceptive Business as Banned apps are Coming Back

Over the summer of 2020 India banned at least 59 Chinese mobile apps due to the vast amount of data collected by these programs – citing a “sovereignty and security” threat. This is catastrophic as India is the second-largest population in the world and an emerging market of mobile users. In the last few months, India… Read More

Twitter CEO Thinks Future Online Content Creation Will be Based in Blockchain

Last week the CEO of Twitter and Square, Jack Dorsey, presented a webinar for the Oslo Freedom Forum 2020 which is organized by the Human Rights Foundation. In the conference Dorsey shared his thoughts about the vision of the social platform and new hopes Bitcoin and blockchain technology would bring to Twitter. In his speech,… Read More

Most Crypto Exchanges Are Not Fully Secured By Design – According to Bybit CEO

Following the KuCoin attack by hackers, crypto exchange security is a hot topic. Bybit CEO Ben Zhou said that the event should not surprise people, as exchanges are insecure by design. In his interview with media, the CEO said that crypto exchanges operate as a potential risk, or “a single point of failure” posed in… Read More

Global Currency Collapse and Trade Wars Will Benefit Decentralized Assets

According to some – we may be entering the critical phase of the fourth turning. There isn’t much good news if that is the case – and we can expect to see major issues with how the global order is maintained. One of the biggest problems the world faces is how interconnected the trade and… Read More

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