Money Reimagined: Trump, Crypto and Fairer Taxes
Trump's tax returns show the unfairness of the tax system and the need for reform. Blockchain governance offers some ideas.
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Liberal and leftist hypocrisy was exposed when millions took to the streets to protest Donald Trump's triumphant victory over Hillary Clinton in the recent U.S. elections. In response to the protest, Jeff Berwick, a Canadian Bitcoin enthusiast, entrepreneur, libertarian and anarcho activist, urged those who don’t want Trump as their president to quit paying taxes. Cointelegraph spoke to Jeff Berwick. Don’t Pay Taxes to Trump. Cointelegraph: You just started a movement on Facebook rallying Liberals to stop paying taxes to stop Trump. What’s your motivation? Jeff Berwick: It actually began....
What would the impact be of a Trump or Clinton presidency on digital currencies? Politics, banking, and money are all related. Major changes in a country’s governance will have huge implications for monetary policy. Trump. Trump is the King of Debt. He is no stranger to bankruptcy and financial leverage. His presidency would put America First, jeopardizing trade deals. He is attempting to pitch himself as a 21st century Franklin Delano Roosevelt. Roosevelt is famous for the New Deal, which involved massive infrastructure spending. While FDR is credited by many for lifting America out of....
– he failed to demonstrate his understanding of the Internet and contemporary, borderless commerce. If it’s not remittances, immigrants in the US will figure out a way to send their money home if they want to do so. For now, it’s not going to be Bitcoin. But, if Trump does block remittances, you better believe that sooner than later increasing numbers of remitters will look into this blockchain technology. Knowing crypto-currency enthusiasts, they’ll likely troll Trump with Wallcoin. Or “Wall: The Blockchain Solution That Knows No Walls.” There’s already “Trumpcoin.” Trump wants to use a....
If you’ve gone deep in the current crypto craze, you might need to prepare your heart once you do your crypto taxes. Crypto may have started out as a humble money gig, but with its total value at nearly $2 trillion, many are betting it’s “the future of money.” However, its growing popularity has come […]
Sushi. Yams. Hot dogs. DeFi memes may be a joke, but they point to how money is always created: community storytelling. Plus: a new podcast.