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20713690 No.20713690 [Reply] [Original]

>Knock knock.
>Who's there?
>Agent cooper from the IRS
>We want to ask you some questions about some recent cryptocurrency sales on your Coinbase account
>Fuck
>Where did you get so much money?
>I held something called AMPL
>where did you get the money to buy it?
>I started with a small amount
>You cashed out a ton of ETH, where did you get it?
>I traded my AMPL for it.
>I see no records of you receiving additional payments of AMPL.
>Well they just rebase it and it kept growing like an airdrop
>So they give you new coins every few days because you already have some? sounds like a ponzi.. anyhow I don't see that here..
>Well officer, it's like a stock split you know?
>Sir, cryptocurrency is not a stock. It cannot be "split" anymore than dividend disbursements can be considered a "split".
>Additionally, the law New coins received through an airdrop are taxed as ordinary income.
>How would you like to pay your delinquent tax liability? We don't take internet tokens.
>Fuck.

>> No.20713758

>>20713690
fuck

>> No.20714219

nigger has obviously never heard of monero and NEVER CASHING OUT

>> No.20714243

>>20713690
imagine cashing out

>> No.20714282

literally just sell your eth on coinbase and pay taxes, its not an issue
there may be legal loopholes but the govt will be content if you consider it like a normal investment

>> No.20714331
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20714331

>>20713690
>agent cooper

>> No.20714359

Jokes on you im in the cayman islands.

>> No.20714379

The irony of this argument is thus, if you lose your money then does it really matter? This is only a problem if you get rich from AMPL and that means you can hire lawyers