Bullshit. They can only say this because the guy who invented Ethereum just turned 30, and there are probably all sorts of other Crypto nerds who are worth that much but we’ll never know it.
Crypto is a capital asset in the US, so they don’t owe the taxes until they sell. And many of them don’t live in the US, on purpose. They figured out where they can go and buy citizenship so their tax burden is much lower.
Michael Lewis wrote an interesting book on this, published as an audio-book in 2018, called The Coming Storm (www.goodreads.com/…/41016100-the-coming-storm). It’s well worth the listen:
In his first Audible Original feature, New York Times best-selling author and journalist Michael Lewis delivers hard-hitting research on not-so-random weather data — and how Washington plans to release it. He also digs deep into the lives of two scientists who revolutionized climate predictions, bringing warning systems to previously unimaginable levels of accuracy. One is Kathy Sullivan, a gifted scientist among the first women in space; the other, D.J. Patil, is a trickster-turned-mathematician and a political adviser.
Most urgently, Lewis’s narrative reveals the potential cost of putting a price tag on information with the potential to save lives, raising questions about balancing public service with profits in an ethically-ambiguous atmosphere.
Hi there! Looks like you linked to a Lemmy community using a URL instead of its name, which doesn’t work well for people on different instances. Try fixing it like this: !andfinally
Oh man, why did they dogpile on the guy who loves the genocidal mustache man, only to go out and protest against genocide??? Why cant they hate jewwwwwws like meeeeee.
Hey NC, Remember when Pat McCory banned counties from raising the minimum wage and literally said it was because he didn’t want foreigners moving in who might be “Attracted to higher standards of living”
Ahh…
I hope we don’t elect a Republican in November… yes I can already hear the Narrator telling future me in the middle of a life review that that’s exactly what happened.
He’s not really being charged with hush money but how he gave the hush money. In simplistic terms he laundered money to not make it seem like he paid off a porn star. That’s what is illegal.
Concealing information for the express purpose of changing the outcome of an election is a crime. It’s always the coverup that gets you. Ever notice how Trump was able to get away with constant crime all this time? It’s because it was blatant and done in front of everyone. Just like soliciting Russia to hack Hillary: if he’d done it in secret he’d have been charged, but he did it in front of the nation with cameras on which gave him plausible deniability that what was in his heart was a crime and not a little jokey-poo.
This time he tried to cover it up, creating a trail of paper and witness to prove that he knew what he was doing was illegal.
President Barack Obama has sipped a glass of filtered water on a visit to the Michigan city of Flint, which has been wracked by a public health crisis. He took a drink of the city’s filtered water to “show it was safe”.
This is why i tell people that all major elected politicians are inhuman creatures, no matter what party they belong to or how they portray themselves. They will eat you alive if you give them your trust.
I’m glad for the win, but until this is something that’s formally legislated by Congress we’re just going to be ping-ponging back and forth depending on which party has majority control of the FCC. What we really need are Congresspersons who are savvy enough to understand and address modern tech problems effectively.
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