I posted a picture yesterday that might have offended some people. You can find the post here:
https://steemit.com/dmania/@krisr92/9-reasons-why-crypto-prices-are-falling-zg1hbmlh-je0yi
Because of one word.
Well, I am sorry. But hear me out.
There's been a story going around on the internet about how Americans could piss off the IRS.
Here is the breakdown:
- Select an inapproriately named coin (in my post I used Niggercoin as an example, yes, it does exist)
- Set up a trading bot that trades an X amount of coins back and forth for a period of time
- Print out the trading records
- Ship the IRS 40 boxes of papers
- ???
- Laugh everytime throughout the year whenever someone reminds you about the IRS or taxes
- Do it again next year when you have to report your crypto related taxes