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Comment Re:Mob mentality. (Score 1) 47

Yep, we 100% agree that's how to report realized gains or losses. Now name another capital asset (HUD forms and excise tax notwithstanding, obviously) that you're taxed on receipt rather than just on disposition.

I have no idea how that's even supposed to work, and I'm seriously trying to stay legal (a few grand a year isn't worth prison time). Neither Schedule D nor 8949 make a lick of sense unless you have a value for the "Proceeds" column - Which you don't have unless you've sold something. And sure, go ahead and put a huge unsubstantiated number on your schedule 1 line 8 and see how well that goes for you.

Pretty much the only way I've figured out to comply with that ridiculous requirement is to make a semi-fake wash "sale" of each new year's new mining payouts every December 31st - Which itself is a grey area but since it would always be a gain, never a loss, it's technically kosher; so at least if I get a CP2501 or similar I'll have paid "enough" taxes already and any penalties would be $0.

The IRS is, bluntly, trying to play both sides of the fence on this one. They're treating crypto as money on receipt, and as property on disposition. And have given us no reasonable way to reconcile that discrepancy.

Comment Re:Mob mentality. (Score 1) 47

Taxes on what, exactly?

As the haters are so quick to point out, crypto isn't money. Until an exchange occurs between crypto and fiat (or something meaningfully measurable in fiat), Uncle Sam has absolutely no say in the matter.

Or to put that another way, taxing bitcoin is the single most legitimizing action the government could take as regards crypto. And if crypto is legit, fiat... Isn't.

And yes, for the record I fully realize we technically owe taxes even on bartered goods and services. Unless you're eBay, though, the way the IRS measures that simply doesn't work. If I buy a car with bitcoin, sure, FMV is easy. If I exchange two thinly-traded altcoins... It's a complete farce to say that either side should pay taxes, and even the IRS can't tell you how to measure the FMV of that transaction (go ahead, call their help line - I did in 2019, and the response was crickets).

Comment Re:This is very complicated (Score 2) 63

You're missing the point, but so is the SEC.

My company recently switched from using totally unlogged Skype to fully logged Teams. Take a wild guess what percent of casual conversations between coworkers now occur via secure 3rd party channels that HR (or PHBs) can't intimidate IT into turning over. I'll give you a hint - I don't even know if my Teams client is still working since we got 21H2.

The problem here isn't a technical or legal problem, it's a human one. Until someone can guarantee me that my chat transcripts can't be touched without my knowledge and a court order... Sorry, but the likelihood of getting caught using my own personal phone to chat with coworkers doing the same is simply much, much lower than the likelihood of having HR use those exact transcripts to go fishing during the next "right-sizing".

Comment Re: Well, they are "working" from home? (Score 1) 95

Depends, I work from home for a monster tech company, that uses Teleperformance. And I am fairly sure because of them we had some strict rules in place. That are a nuisance but there have been Teleperformance breaches in the past. So if one of our techs is working with a client on a case and any PII is access, you have to unmask it and the unmasking it is logged and you have note the reason why it is unmasked, because if it is audited you will be called to account. I work from home and have to be behind a closed door that is locked. And I have to wear pants.

Comment Re:Well, they are "working" from home? (Score 1) 95

Ok let me preface this. I am US Colombian/Citizen. Also, if you look at a prior post in my thread you can see I know a bit about the company. However, I know a ton about Colombians having lived on and off there for the last 30 years and being married to a Colombian gal, and well, also being a citizen. Teleperformance pay is terrible, but it is better than not having a job, but they treat their employees like utter shit. On the flip side when you pay people like shit and treat them like shit, they are gonna turn into shitty people. Colombians are the masters of getting over and pullinc scams. Honestly, i would not want to have to ride herd over a bunch of Colombian work at home employees because I have to deal with them on a weekly basis for escalations and it is pretty terrible. My company's requirements are that you have to have a room, be it a bedroom, study, or whatever, with a door that locks because you are looking at proprietary information, your eyes only. It also is to provide a quiet enviroment. The Colombian ones I talk to have kids screaming, radios playing, tv blaring, etc. Colombians are by default loud people who do not follow rules. This is not me dogging on Colombians, who can be some of the nicest people on earth, but culturally are very different from North America. What is happening with these places is they are having a high turn over off workers because of peer feedback big companies like mine give them so now they are cracking down. You could probably put a fake camera in and it would scare them into acting right. Is putting in a camera intrusive? It is. But you have a culture that is vastly different than what you are accustomed to.

Comment Re: Well, they are "working" from home? (Score 1) 95

CSB here bro. I am a US and Colombian citizen. First the median income in Colombia is about 4k USD a year. Which is about 1,500,000 pesos a month. Which people can live on but I do not know how. I made that much money in Colombia 20 years ago and it was an upper middle class salary then, but now it is hard scrabble poor. I worked as a consultant years ago for the company that eventually become Teleperformance in Colombia. They hired me because I was spoke both languages and pitched me that I would be on the operations side of the business. So one day they said they wanted me to take some test calls to record to use my native English American accent as an examples for when they began training. IT was about 8 hours of work. Then on one of the "test" calls the guy on the other end said "man your English is great, you even sound a bit like you are from my hometown, NOLA!" I am from NOLA. Turns out Teleperformance was using me as ringer to sell their services and I walked the hell out of there. Also, I work for a very large computer company as a senior tech and we use them, and I have to pick up the ball at least once a week where one of their reps has done something horrific.

Comment Re:US tax regime (Score 0) 122

You do not know how dual citizenship works. If you are born in one country with a parent from another country, your parents have to register your birth either in the other country or the embassy. Otherwise you are just a citizen of the country you are born in. You do not "find out" you are suddenly an American citizen. You might want to read this. https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Ftravel.state.gov%2Fconte....

Comment Re:Nice, now if the boot is comprimised... (Score 1) 105

The recovery OS is on a hidden partition on the hard drive. If you boot into recovery mode you can see it as an image. And you can accidentally delete. If you replace a hard drive you cannot boot into recovery mode, because it is created on a partition. You then have to use a bootable installer. So yes boot media is required. It has been available for 10 years. At the point of replacing the drive you would have to use a bootable installer on a USB device.

Comment Re: In-app purchases, etc, are not "worth" anythin (Score 2) 156

Apple, Google, Amazon and other content providers give you the ability to download your movies, books, music and software when you purchase them. They are not obligated to keep a coy forever. They do as a courtesy but the expectation is that you keep a copy. Content providers can remove their content from those guys anytime. If Disney decides to remove a movie from any of them and there is proof you downloaded the movie years prior then they are in no way obligated to you. Now he might have a valid bitch for IOS apps but even with a canceled Apple ID apps still work. The lawsuit reads like an 8th grader wrote it.

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