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Why should we be accountable to a government that isn’t accountable to us? Buy Bitcoin

$22 trillion in debt.... probably going to hit $23 trillion in a few months
submitted by the420chronicler to Bitcoin [link] [comments]

03-16 19:56 - 'No ones buying your fake internet coins from you during hyperinflation, only real assets. You will learn that the hard way lol you think anyone's going to use "fake internet money" if even the US government can't stop their curr...' by /u/mattd913 removed from /r/Bitcoin within 0-8min

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No ones buying your fake internet coins from you during hyperinflation, only real assets. You will learn that the hard way lol you think anyone's going to use "fake internet money" if even the US government can't stop their currency from failing? Blockchain is awesome, Bitcoin is worthless once the hype finally dies. Look at the price chart, have you ever seen what a pump and dump looks like?
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Author: mattd913
submitted by removalbot to removalbot [link] [comments]

US government knows you’re buying opioids with Bitcoin — and it doesn’t like it

US government knows you’re buying opioids with Bitcoin — and it doesn’t like it submitted by HardAzRockz to TopTechNews [link] [comments]

(rant) The US Government being incompetently ran for decades lead me to buy bitcoin.

After the election, on top of Obama making very little headway in overturning corruption in our nation's government, and just a general sense that America's headed for a horrible future, is sort of what lead me to dumping my $USD and putting it into bitcoin.
I just don't see this country being a highly revered superpower in the world going forward. The $US dollar is the worlds reserve currency, but let's be honest, there's nothing to make it so that remains permanent in the world going forward.
I think what finally nudged me to dump my $USD as "my personal reserve currency" as a US citizen, was this tax bill. I watched before the 2000 election, the US Government was finally paying down it's debt, and seemed to have a decent set of fiscal priorities in order, drawing down it's military budget, a small increase in taxes on the wealthiest of households, the US was on a good path. That 1996-97 budget was something like the first time the US had balanced the budget since the 1980-1981 budget.
Then the 2000 election happened, I watched a tax cut in 2001, which was also the first time in 4 years we started again running up the debt. Old US debt clocks, which had been retired up to that point, were brought out of retirement. Then the nation got involved in two wars, with no real endgame for how the wars were supposed to be "won" and ended in America's best interests.
While fighting these wars, we again cut taxes. Logic dictates it is better to raise taxes and finance the wars outright, rather than borrow money to pay for our wars, but something in the American public had changed, we just weren't a responsible citizenry at electing politicians anymore.
Then that huge economic crisis happened in 2009. I was ENRAGED at the banks, who got the US Government to cut them a big fat check after they ruined our economy, instead of say helping American's who were being forced out of their homes and now had underwater mortgages due to buying homes during a big fat bubble. Not one banker was locked up.
I was so mad at the banks, that they'd give me a prepaid envelope for mailing in my credit card payment, but instead of putting the payment in, I'd put in a roofing shingle I bought at a Lowes, just to force the bank to pay out money for a credit card payment I'd send online anyways.
2011, the Republicans actually believed it was a valid political position for America to DEFAULT ON IT'S DEBT. I.E. AAA US Treasury bonds, reverting to "junk bond" status.
We suffered a credit downgrade as a result of this, supposedly something America had never experienced before.
The 2012 election happened, and I was curious that the Republicans pulled out a "debt clock" at the RNC convention, in a jab at Obama for further increasing our nation's debt. Why are you rolling out a debt clock, when just a year ago you didn't even seem like you wanted to pay down the debt at all?
I guess they weren't counting on me knowing that we haven't had a Republican President complete a term of presidency with less debt than he inherited since Richard Nixon's first term.
I was like "Ok...well, the Republicans NOW care about the debt. I guess that's good!"
2016 rolls around, I see the shit candidate they put forward, and elect.
It's 2017, only 5 years after the Republicans rolled out their debt clock at their RNC convention. And now they're trying to pass a tax cut bill, which will force the US Treasury, at a time of $20 trillion in debt, to issue another $1.5 trillion in bonds, basically a massive borrowing spree by our government, to give tax cuts to already extremely wealthy people.
I watch this country just get raped, over and over again, and I finally had it.
If the country as a whole has absolutely no interest in running a fiscally sane government, why should I hold $USD as "my personal reserve currency"?
If I won't hold $USD as my personal reserve currency, how far away are we from other countries dumping their $USD as a reserve currency?
submitted by SuperJew113 to Bitcoin [link] [comments]

Are there enough Bitcoin Billionaires to buy back the US Federal Government?

Do something worthwhile with your effortlessly won fortunes. Run for office, bribe a Senator, buy a tank. I don't care, the phone calls don't do shit.
submitted by feels_good_donut to Bitcoin [link] [comments]

Buy Bitcoin And Contribute To The US (or other) Government

I think the biggest problem facing widespread Bitcoin adoption is that it's not easy to deal with taxes, particularly when accepting Bitcoin as a business in exchange for goods or services. I believe I have a novel solution to this problem that I hope you will find exciting.
Let's assume a flat 35% tax on all income and allow businesses to deduct expenses for their net income.
When the business receives income in the form of a Bitcoin payment, the payment will be divided into (typically) two parts: one representing the 35% tax due on the income and one representing the remaining 65% of the payment. The tax due portion will be "translated"* into dollars (or other local currency) according to a prearranged contract with another party by giving them control of the Bitcoin in exchange for the specified number of dollars. Businesses must make a profit (or receive some other consideration) off of the contract and can do so with a simple fee attached to the exchange (income tax would be due on the fee).
The business has determined the market value of its Bitcoin transaction and has the cash-in-hand to pay the tax person/agency/entity.
If the business has an expense that qualifies for a reduction in income (and thus, tax due) the business may take the appropriate cash-in-hand and use it directly to pay for the expense.
*"translate" is a term used by the IRS.
submitted by jsprogrammer to btc [link] [comments]

The US Treasury Department says that the government borrowed a record $488 billion in the January-March quarter of 2018, exceeded the old record of $483 billion set in the first quarter of 2010, a period when the country was struggling to pull out of a deep recession. TLDR: Buy Bitcoin.

The US Treasury Department says that the government borrowed a record $488 billion in the January-March quarter of 2018, exceeded the old record of $483 billion set in the first quarter of 2010, a period when the country was struggling to pull out of a deep recession. TLDR: Buy Bitcoin. submitted by Anen-o-me to GoldandBlack [link] [comments]

If the US or Chinese government were to ban bitcoin outright, how would they go about it and make it illegal to buy or trade in the currency?

submitted by solwyvern to Bitcoin [link] [comments]

The US Treasury Department says that the government borrowed a record $488 billion in the January-March quarter of 2018, exceeded the old record of $483 billion set in the first quarter of 2010, a period when the country was struggling to pull out of a deep recession. TLDR: Buy Bitcoin.

The US Treasury Department says that the government borrowed a record $488 billion in the January-March quarter of 2018, exceeded the old record of $483 billion set in the first quarter of 2010, a period when the country was struggling to pull out of a deep recession. TLDR: Buy Bitcoin. submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Unknown Bidder Buys $1.6 Million in Bitcoin at US Government Auction

Unknown Bidder Buys $1.6 Million in Bitcoin at US Government Auction submitted by arichnad to btc [link] [comments]

It is official: the US government is discreetly buying bitcoins

It is official: the US government is discreetly buying bitcoins submitted by jstolfi to Buttcoin [link] [comments]

[uncensored-r/Bitcoin] THE US GOVERNMENT IS SHUTTING DOWN. BUY BUY BUY

The following post by firsttimestocks is being replicated because the post has been silently greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7robtg
The original post's content was as follows:
[removed]
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

The US Government is shutting down. BUY BUY BUY! /r/Bitcoin

The US Government is shutting down. BUY BUY BUY! /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

(rant) The US Government being incompetently ran for decades lead me to buy bitcoin. /r/Bitcoin

(rant) The US Government being incompetently ran for decades lead me to buy bitcoin. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Are there enough Bitcoin Billionaires to buy back the US Federal Government? /r/Bitcoin

Are there enough Bitcoin Billionaires to buy back the US Federal Government? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Buy Bitcoin And Contribute To The US (or other) Government /r/btc

Buy Bitcoin And Contribute To The US (or other) Government /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

If the US or Chinese government were to ban bitcoin outright, how would they go about it and make it illegal to buy or trade in the currency? /r/Bitcoin

If the US or Chinese government were to ban bitcoin outright, how would they go about it and make it illegal to buy or trade in the currency? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

01-16 17:13 - 'Investing in bitcoin as the US government is about to take away welfare and social security is like buying 3rd class tickets on the Titanic.' (self.Bitcoin) by /u/SandmanD2 removed from /r/Bitcoin within 25-35min

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Investing in bitcoin as the US government is about to take away welfare and social security is like buying 3rd class tickets on the Titanic.
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Author: SandmanD2
submitted by removalbot to removalbot [link] [comments]

Investing in bitcoin as the US government is about to take away welfare and social security is like buying 3rd class tickets on the Titanic. /r/Bitcoin

Investing in bitcoin as the US government is about to take away welfare and social security is like buying 3rd class tickets on the Titanic. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Unknown Bidder Buys 2,700 Bitcoins (worth $1.6 million) at US Government Auction

Unknown Bidder Buys 2,700 Bitcoins (worth $1.6 million) at US Government Auction submitted by BobsBurgers4Bitcoin to btc [link] [comments]

Would you cash out or buy more bitcoins if US government officially claimed them illegal by 1st January 2014?

By illegal I mean they would prohibit businesses to accept them. Of course they can't ban Bitcoin completely.
submitted by markovcd to Bitcoin [link] [comments]

Libertarian Police

I was shooting heroin and reading “The Fountainhead” in the front seat of my privately owned police cruiser when a call came in. I put a quarter in the radio to activate it. It was the chief.
“Bad news, detective. We got a situation.”
“What? Is the mayor trying to ban trans fats again?”
“Worse. Somebody just stole four hundred and forty-seven million dollars’ worth of bitcoins.”
The heroin needle practically fell out of my arm. “What kind of monster would do something like that? Bitcoins are the ultimate currency: virtual, anonymous, stateless. They represent true economic freedom, not subject to arbitrary manipulation by any government. Do we have any leads?”
“Not yet. But mark my words: we’re going to figure out who did this and we’re going to take them down … provided someone pays us a fair market rate to do so.”
“Easy, chief,” I said. “Any rate the market offers is, by definition, fair.”
He laughed. “That’s why you’re the best I got, Lisowski. Now you get out there and find those bitcoins.”
“Don’t worry,” I said. “I’m on it.”
I put a quarter in the siren. Ten minutes later, I was on the scene. It was a normal office building, strangled on all sides by public sidewalks. I hopped over them and went inside.
“Home Depot™ Presents the Police!®” I said, flashing my badge and my gun and a small picture of Ron Paul. “Nobody move unless you want to!” They didn’t.
“Now, which one of you punks is going to pay me to investigate this crime?” No one spoke up.
“Come on,” I said. “Don’t you all understand that the protection of private property is the foundation of all personal liberty?”
It didn’t seem like they did.
“Seriously, guys. Without a strong economic motivator, I’m just going to stand here and not solve this case. Cash is fine, but I prefer being paid in gold bullion or autographed Penn Jillette posters.”
Nothing. These people were stonewalling me. It almost seemed like they didn’t care that a fortune in computer money invented to buy drugs was missing.
I figured I could wait them out. I lit several cigarettes indoors. A pregnant lady coughed, and I told her that secondhand smoke is a myth. Just then, a man in glasses made a break for it.
“Subway™ Eat Fresh and Freeze, Scumbag!®” I yelled.
Too late. He was already out the front door. I went after him.
“Stop right there!” I yelled as I ran. He was faster than me because I always try to avoid stepping on public sidewalks. Our country needs a private-sidewalk voucher system, but, thanks to the incestuous interplay between our corrupt federal government and the public-sidewalk lobby, it will never happen.
I was losing him. “Listen, I’ll pay you to stop!” I yelled. “What would you consider an appropriate price point for stopping? I’ll offer you a thirteenth of an ounce of gold and a gently worn ‘Bob Barr ‘08’ extra-large long-sleeved men’s T-shirt!”
He turned. In his hand was a revolver that the Constitution said he had every right to own. He fired at me and missed. I pulled my own gun, put a quarter in it, and fired back. The bullet lodged in a U.S.P.S. mailbox less than a foot from his head. I shot the mailbox again, on purpose.
“All right, all right!” the man yelled, throwing down his weapon. “I give up, cop! I confess: I took the bitcoins.”
“Why’d you do it?” I asked, as I slapped a pair of Oikos™ Greek Yogurt Presents Handcuffs® on the guy.
“Because I was afraid.”
“Afraid?”
“Afraid of an economic future free from the pernicious meddling of central bankers,” he said. “I’m a central banker.”
I wanted to coldcock the guy. Years ago, a central banker killed my partner. Instead, I shook my head.
“Let this be a message to all your central-banker friends out on the street,” I said. “No matter how many bitcoins you steal, you’ll never take away the dream of an open society based on the principles of personal and economic freedom.”
He nodded, because he knew I was right. Then he swiped his credit card to pay me.
submitted by CringeNibba to Libertarian [link] [comments]

Bitcoin being BROKEN DOWN by US Government and institutions working together! BTC struggle is real! TRILLIONS OF DOLLARS READY TO BUY BITCOIN! SHOCKING ... Governments ban Bitcoin? How is the US Government Cracking Down on Bitcoin in 2018? Buy Bitcoins in USA, Australia or anywhere in the world

Coinbase is selling its blockchain analytics software to the U.S. Department of Homeland Security and the U.S. Secret Service. Following criticisms from the crypto community, CEO Brian Armstrong ... Bitcoin conspiracy theorists have long suspected the U.S. government, among others, would like to shut down bitcoin. Bitcoin's first decade has seen its price explode, making early adopters ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Unknown Bidder Buys $1.6 Million in Bitcoin at US Government Auction A winning bidder claimed 2,700 BTC (worth $1.58m) at an auction held by the US Marshals Service (USMS) today. US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework ... Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the ...

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Bitcoin being BROKEN DOWN by US Government and institutions working together! BTC struggle is real!

The best way to buy bitcoin instantly with fiat currency, in my opinion, is on Cash App (affiliate): https://cash.app/app/JWNRGTX Or, you can enter the invit... A lot of people are interested in buying Bitcoin or other cryptocurrencies as an investment. Unfortunately, it is not as easy as going out and buying a stock... Close. This video is unavailable. On this week’s Crypto News: - English Premier League team, Watford, integrates Bitcoin (physically & digitally). - FACT OR FUD: Will Trump’s ban-hammer fall on Bitcoin next? - US councilman ... US Coinbase https://goo.gl/LFs7bp AU Coinspot https://goo.gl/PcZx6H Local Bitcoins https://goo.gl/N9zwq2 Buy Bitcoin Worldwide https://www.buybitcoinworldwid...

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