Are Governments Going Extinct?
IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users
This article really cracked me up.
An IRS slideshow created by James Daniels, IRS-CI cyber crimes program manager, describes some concerning methods IRS agents should use to crack down on crypto-using tax evaders.
Seriously, take a look at this 181 page slide show and have a laugh.
https://drive.google.com/file/d/1slktEc0dNEsOsbzfLquDXdbvCSy4FI7r/view
Toward the end of the report, the slideshow explains how agents can track a bitcoin address using a public block explorer. “Once a Bitcoin Address is identified, it can be looked up on a Bitcoin Blockchain Explorer to find information such as value, transaction times, transaction locations, which may help in corroborating information, identifying additional addresses, or assist in locating the subject,”
the text expounds. “It can also be used to show if bitcoins were transferred after a seizure warrant was served, which is discussed below.” Additionally, the slides give a well-documented summary of bitcoin mixers and how they are used to obfuscate trails of transactions on a public ledger. If an IRS agent determines a tax-evading suspect, the slide recommends sending grand jury subpoenas to a variety of tech companies.
Issuance of a Grand Jury Subpoena should be considered for Apple, Google, and Microsoft for the Subject’s complete application download history.
Alright, so no surprises here, right? Citizens of America are owned by America. We are all debt slaves. Pay your taxes, slave! Obviously, right? No problems. Par for the course.
What’s more alarming is that Daniels’ slide advocates agents investigate the financial habits of individuals who are using crypto to evade taxes. This includes, but is not limited to, conducting interviews with “bank tellers, family, and friends of the subject (if feasible), and establishments the subject frequents that may accept bitcoins.
Transfers to and from a subject’s Paypal account should be analyzed in much the same way, verifying the parties involved with each transaction — Vendors who accept bitcoin, such as Amazon Payments, can also be considered for subpoena. However, this method may not reliably yield results.
What the fuck?! LOL! GOD DAMN! Well, I was not expecting that.
You're going to ask Nana how much Bitcoin I control? Jesus.
To some most people this might be concerning, but I think it's hilarious. This is a clear act of complete desperation. This is a clear signal that they really have no idea what the fuck is going on or how to adapt to it. You know what else it reminds me of?
Libra
These government agency regulators are all blowing smoke. They act like they are in control, but then they issue the silliest requests:
Hey Facebook, could you pretty please halt development on Libra?
Wow! How can you make yourself look anymore weak. You can't halt someone from creating open source code. In fact, you can't halt any type of code. Code is protected by freedom of speech.
The fact that everyone is still even saying the word Facebook speaks volumes.
Regulators have no idea just how fucked they are right now judging by their current stance. Libra nodes are going to start popping up all over the world. This shit-storm will not be stopped. It's happening; deal with it.
Of course Libra will take the path of least resistance. They aren't going to be needlessly combative, but still.
When Libra says they are going to respect privacy, you can be damn sure that they will respect corporate privacy. Can you imagine 100 corporations all claiming they don't know who's running that rogue Libra node? I can, and it's hilarious.
Steem
Okay so what happens when the IRS starts looking at Steem? Have we considered that? When you confiscate Bitcoin you can transfer it and know that it's under your control. What about Steem? What happens when the government arrests a Steemian and then their account gets "mysteriously" recovered and all the keys change? LOL, they have no idea what kind of bull shit they are in for.
Case in point: if you are thinking about tax evading you better make damn sure that Steemit Inc. isn't your recovery account. lol.
Conclusion
All these recent developments really make me consider my previous posts about how big clunky governments are going to die and be replaced by city-states. It's only going to take one horrific financial collapse for real shit to go down. A lot of people are saying it's coming soon™. Perhaps it's time for this clusterfuck jungle to burn down so new life can spring forward.
What to do once it is realized that hardware in ones own computer is sharing everything, or that VPN and such do not stop ISP providers from recording everything transmitted through their lines and satellites?
I believe they feign powerlessness more than they are to allow the rebels to feel confident herding exactly where they want them. At the end of the day, the men sending the armies with guns and such will take what they want, when they want.
I doubt there is any escape from them claiming their Caesar possessions short of finding some desolate area and living off the land. The mark of the beast is waiting to claim all who would adorn their lives with its trinkets and ways.
Open source hardware; open source internet
You say pipe-dream.
I say... also pipe-dream.
There's plenty of time to re-enslave humanity before we get there. lol :(
The Infernal Revolting Syndicate are a terrorist organization.
Meaning, they are to terrorize the people.
That is their job.
All the money the collect, pays their salary, and then gets thrown in a furnace.
So, they are not looking for giant corporations avoiding paying taxes or banks importing large quantities of talc powder. No, what they want is little guys to make afraid. Make VERY afraid. To climb through all of their personal business to ferret out one mistake to overly-fine them.
If this Syndicate was actually there to collect proper taxes, they would have defined bitcoin properly by now. But, they have not. In fact, they want to define bitcoin in a way that is screw you (heads) AND get screwed (tails)
They are there to terrorize the population.
Indeed, they've made it impossible to pay taxes legally, allowing them to do whatever they want under the guise of justice.
I've been kind of watching Deuches Bank sliding into the abyss, when it finally collapses, like it seems to now be doing, it's going to drag a lot of corporations and other financial institutes into the hole with it. It has the potential to at least temporarily bring down the European banking system. That should be a real train wreck.
Hi @amberyooper
It seem that many people expected DB to make that move, so at least they didn't "take us all" by surprise. However I'm seriously worried how badly things can go from now. Difficult times ahead.
Yours
Piotr
They will make examples of a few, but it is too late to stop the bitcoin train. If they try to ban it, and it skyrockets in price, then the USD loses value. If they ban it and the price collapses, then you have a tax deduction. Either way they lose.
The Libra consortium will have an estimated net worth around 20 Trillion. The US annual budget is around 4 Trillion and running a negative estimated net worth. Debtors like the US government cannot be masters. So who's calling the shots? Those with the money.
Andreas Antonopoulos recently said that AOL introduced us to the wrong kind of internet, now it appears that Libra will introduce us to the wrong kind of crypto. But if the Libra consortium is foolish enough to base it's backing on a "basket of national fiat", at some point, they will have to switch to a "basket of cryptos", else watch their Libra token plummet in value.
I find the whole "basket of fiat" thing funny.
Why not just say you have the collateral to buy back your own shitty product if the price wanes. Why does it matter what the collateral is? These corporations are rich enough to buy out their own product by 100 fold.
Kinda make you wonder if they have plans to make money off of "going bankrupt".
Dear @edicted
I've been thinking about it number of times and I was wondering: if I only power up and never really sell my STEEM tokens, so those tokens are nothing more than utility for me (more SP = easier to build exposure). Right?
Should any taxes be paid in that case? Perhaps you can share your opinion on that topic?
I'm afraid I've lost you here :(
Yours
Piotr
This is my first post where I couldn't justify tagging #steemleo.
QQ
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I have thought in those terms before, but more in the absence of government as we know it, but built in the digital interactions between people. A living organism operates in that way, with the cells being as people.
believe in the alien who invented cryptocurrency...🤩
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