Fuckery afoot 🤣 💎✋

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(Edited)

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So like what the heck is going on with life I wonder who’s pumping it sounds crazy because it’s like every week Hive goes up and then it goes down and it’s always around the same amount somebody yesterday behind it somebody’s messing with us…

I don’t know about you but seems kind of too much Fuckery going on.

Than I read something like this caught me off guard never really thought about it this way but it is kind of true and since we don’t really on it until we Powered down I suppose it’s kind of like a loaner the Hive is loaned to you so you can earn curation rewards I don’t know but check it out check with these two smart lads were talking about about.

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This is a course for tax purposes of the United States because the United States taxes are really fucked up, I mean it’s a really messed up system.

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It seems this situation often exist in economics: very few -if anyone- actually knows what is going on from a solid fundamental understanding.

Is it a simple case of supply-demand gone haywire?

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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 46 of my contest just started...you can now check the winners of the previous week!
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From my understanding, it's not a taxable event, but really, who freaking cares? People are so scared that they are going to get found out... My thing is that if I am not getting a 1099, they can kiss my ass for real. I will be happy to claim the stuff I get 1099'd on, but so far that can't happen with Hive, so there's that. The only exchanges I use for Hive are Hive Engine and Simple Swap. No KYC on those. The only thing I send to an exchange to 'cash' out is USDC from Coinbase... no capital gains on that. I mean if they wanted to trace my little small transactions, they can be my guest, but I don't have enough money for them to care, lol. But yea...Fuck the system!

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(Edited)

Yea I can agree with you on that no 1099 IRS can go suck on eggs.
KYC is a trap, and I hate Coinbase.

But than we would have massive deductions hahaha.

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HIVE is untaxable until you pull out money from an exchange. Once you pull out money, the broker can sell you out or your bank records could give the government an idea. Either way, taxes in the United States is messed up. They are taxing unemployment benefits. What's the point in making the poor even more poorer.

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