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RE: You are all a bunch of cowards!

in #steem7 years ago

Maxim of British business has always been "If you can't build a fiddle into it, it's not worth doing."

In #Steemit's case the fiddle (one of many corrupting the platform) is LEVERAGE

Nobody ever got rich quick without

  1. Leverage
  2. Avoiding tax

LEVERAGE has been engineered into the business plan. For Steemians in developing countries it can be the difference of breaking free from a lifetime of uncertainty about poverty.

For the few at the top of the pyramid (because that's what Steem is) their leveraged returns could keep them in a lifestyle of idleness and luxury.
Provided they realise the IRS know everything about them, so they better have a smart CPA or the US Marshals will be ringing their bell

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This comment is mostly nonsense.

Why you assume all Steemit users are dodging taxes is anyone's guess.