kurt russell in "crypto" and limiting the sixteenth amendment

kurt russell in "crypto" and limiting the sixteenth amendment

By ghostm6 | porticofins | 20 Apr 2019


My intention of following up on last week's article with any sort of enthusiasm has been diminished. 

From portly to frail... You can figure it as writer's block, but in reality I happened to look at some

other article to see what type of work was making the profit and to my astonishment it was a 

chart and a coin symbol along with a paragraph not more than a few dozen words. 

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Now, before explaining how porticofins does not like to hold itself against some other blog, you will

agree that it makes no sense to establish an attempt at extra quality when it seems the minimal will

not only suffice but thrive. 

That said, this will be as brief as a hangover after white wine spritzers.  

Kurt Russell, the one and only, made screen history yet again in a film entitled Crypto. It's mentioned

here obviously for our own title and to make note of yet another big budget ad for cryptocurrency. 

Also, the makers made the argument that banking institutions could or would stockpile one or several

of the two thousand plus listings thereby driving up the price hence destroying the common man's

hope for decentralized wealth. To conclude this point, one must concede that what has been evident

is the bait and switch from Wall Street which tends to announce and then backpeddle. In any case,

I enjoyed the slick reference to Easy Rider's horse and motorcycle scene which is hidden away at

the end of this movie with the mining office within the farm. 

 

Finally, I noticed a few articles in the press asking about the process of taxation in terms of cryptocurrencies. 

To think, that a country based almost entirely on the concept of freedom and no taxation without representation

would raise up kids that grow up to actually print such questions!

Here is the "law" The Congress shall have power to lay and collect taxes on incomes, from whatever source derivedwithout apportionment among the several states, and without regard to any census or enumeration....

Ellipses because well yes it goes on in uncertainty for a few more sentences. You know, it was in 1862 when this tax thing got going, which is

how the North beat President Davis and Robert E Lee, and after the fighting they brought it back even worse early in the century that introduced us to the automobile.

Obviously, the answer (of how to file your 1040 in terms of that trivial amount of Z-cash which Coinbase/Draper Fisher Jurvetson gave you) is to not. Actually, the IRS only requires them to report on accounts holding more than twenty thousand greenbacks but moreover should we not all of us sort of yellow vest some and say hey boneheads you want to tax me at the store as well as the highway and then some? well couldn't you simply 

stop giving the state of Israel those three hundred million dollars every year in military aid? In other words, enough is enough and if the time is

up for inequality then by all that is holy let us every single citizen stand up and demand the death penalty for the internal revenue service.

Well, sure, sure, thou shalt not kill but by murder I mean reform at worst and dissolution at best.  Happy Easter, everybody and remember if you

are a Gaza Christian there's no way in to the Holy sites this weekend as per the latest decree.  -in loving memory of Lyra Mckee. 

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ghostm6
ghostm6

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