US Government to Sell Over 44,000 Bitcoins Today

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]

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]

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]

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]

[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]

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]

(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]

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]

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]

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]

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]

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]

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]

Where is the best and safest place to buy some of these bitcoins I keep hearing about? Also, is it ok with the US government if I buy some?

submitted by ____ManTheFuckUp____ to AskReddit [link] [comments]

TRILLIONS OF DOLLARS READY TO BUY BITCOIN! SHOCKING ... How to Buy Cryptocurrency for Beginners (UPDATED Ultimate ... US Government Shutdown Affect Bitcoin & Cryptocurrency Market? Bitcoin JUST GOT THE WORST POSSIBLE NEWS EVER! Best Way To Buy Bitcoin Instantly (I Ditched Coinbase ...

Now his company Square is following in his footsteps with an unconventional investment. The Silicon Valley-based payments platform is buying 4,709 bitcoins—worth $50 million, or roughly 1% of ... 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. So, Bitcoin sold by the US Marshals has earned them roughly $151 million, according to Lopp’s portal. If this is the case, it would indeed mean the US government has short-changed itself roughly ... MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ ... ‘There is a huge pay gap between us, as my husband has more education and has an uninterrupted work history as ... Bill Barhydt, CEO of renowned company Abra has said that the US government promotes the full scale adoption of Bitcoin. Giving his full statement in an interview, Bill said that the framework provided by the government would go a long way to help the adoption of Bitcoin.

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TRILLIONS OF DOLLARS READY TO BUY BITCOIN! SHOCKING ...

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... This is the ultimate guide on how to buy cryptocurrency like Bitcoin, Ethereum, and other cryptocurrency for beginners. Link to the article version of this g... As worsening government regulation strangles the growth of Bitcoin and cryptocurrencies around the world, the need for trading platforms beyond their reach h... Bitcoin developers facing its BIGGEST BATTLE and its being supported by the US Government! ... William Shatner BUYS BITCOIN! - Duration: 8:30. ... United States Restricted Mode ... In this video we explore the affect of the US Government shutdown that is occurring heading in to the weekend over a DACA proposal from Republicans that Democrats did not accept.

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