government

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A U.S. Tax Law Passed in 2021 is Making Crypto Tax Reporting Hell in 2024

5 Jan 2024 5 minute read 2 comments WinterYeti

Back in 2021, the Infrastructure Investment and Jobs Act was passed as a response to help the country recover from COVID, inflation, and economic stagnation. And, of course, tax changes were buried in that omnibus law package, intentionally written t...

Can We Agree to Agree? The Consent of the Governed

2 Jan 2024 1 minute read 0 comments Herschel

This short story is read during the podcast: https://commercialherschel.substack.com/p/another-dream-objectivity And there is some expounding on political agreement. Can we agree to agree that the divisiveness in the US been engineered? Has this eng...

Paper Mail in the Digital Age

27 Dec 2023 3 minute read 2 comments WinterYeti

Does anyone actually use U.S. mail today?  I think I have one monthly bill left that I pay with US Mail service (my HOA monthly fee). Everything else is wired up and processed digitally, giving me hundreds of dollars in rewards every year because I r...

Government testing Digital Rupee in India

16 Dec 2023 2 minute read 1 comment Bala

There is always some hot news related to banks and currencies in India. In the last few months, some of the banks have started testing digital currencies in India. I initially received a notice from Axis Bank and now ICICI Bank also recently sent a n...

Will The Bitcoin ETF Push The Price To Millions, Or Just Cause BIGGER Issues For Everyone?

9 Dec 2023 1 minute read 7 comments CodyMac50

According to many investors, having a spot Bitcoin ETF will mean a lot for Bitcoin, and crypto in general. Regardless how Gensler 'feels' about market manipulation, and money laundering, the market is still fueled by supply and demand...and seeing th...

Executive Order 6102- We Will Be Taking Your Gold From You

3 Dec 2023 2 minute read 1 comment SeventyFourSeventyFive

Ever wonder how much power we give the US government? Just for fun reading, here is a brief story in American history where gold ownership was against the law. This period started in 1933 and lasted four decades and it was called Executive Order 6102...

Laws and regulations are ruining the crypto revenue for the government

22 Nov 2023 2 minute read 0 comments Bala

There are strict laws and regulations on the usage of cryptocurrencies or investing in them. The government decided to impose a tax of 30% on cryptocurrency investment and also a 1% TDS on all crypto transactions. The thought process here was to make...

The National Debt

12 Nov 2023 2 minute read 0 comments OfTheFreeMarket

“Blessed are the young, for they shall inherit the national debt.” ― Herbert Hoover Debt has long been a topic of government conversation. Government debt has fueled every war and every recession and depression since the Federal Reserve was created i...

SEC Against Cryptocurrency

11 Nov 2023 4 minute read 0 comments OfTheFreeMarket

“Whether or not XRP is a security shall not be dictated by one lawsuit. The SEC is the governor of that. I think it is very clear that XRP is not a security. It exists independently of Ripple the company. If Ripple,the company shut down tomorrow, XRP...

Venezuela’s Economic Collapse: Socialist Policies That Impoverished Venezuela

11 Nov 2023 3 minute read 0 comments OfTheFreeMarket

“Venezuela needs to develop; economic growth is essential for the country after so many years of lagging behind.” -Luiz Inacio Lula da Silva In the last writing on the subject of Venezuela’s Economic Collapse, we discussed the before and after of soc...