Its an interesting topic: is crypto earnings considered illegal?
https://leofinance.io/@bozz/it-must-be-illegal
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Its an interesting topic: is crypto earnings considered illegal?
https://leofinance.io/@bozz/it-must-be-illegal
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lol anyone can think what they want but I ain't giving up my crypto. it is partly illegal here in my country but hey, who cares. i am not doing anything bad in my opinion. i am basically creating content and earning money. if anyone considers that to be illegal, even the government, that is their own cup of tea. worst-case scenario I move to another country and start life all over again.
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I am with you. There is no way that I am backing down from this. There is too much at stake for humanity. We need millions of people refusing to submit while expanding the decentralized capabilities. We also need a big push into privitization.
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That's the spirit! There is no going back for me either. I also would rather move than put up with stuff like that.
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I had intentions of moving to a neighbouring country when crypto was declared illegal in Nigeria. The decision did not hold much weight and it has been a series of mixed signals from the government ever since.
No one who has tasted this level of freedom will give it up easily.
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Thanks for sharing this article, it was very good. In fact this has also happened to me with my parents and other people to whom I have tried to explain the cryptographic world and how to make money with it. But it is a complex subject and it is not easy to understand at the first time.
Gracias por compartir este articulo, estuvo muy bueno. De hecho también me ha pasado esto con mis padres y otras personas a las que les he intentado explicar el mundo criptográfico y como se gana dinero con el. Pero es un tema complejo y no es fácil de entender a la primera.
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Yea it will take time to convince them but we have to keep trying. I don't think it matters as much because we still end up paying for it when we convert our gains into fiat.
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Probably at some point they will take it seriously and understand it my friend, there will come a time when cryptos will be everywhere in everyday life and they will have no choice but to understand the system.
Probablemente en algún momento se lo tomen en serio y lo entenderán mi amigo, llegará un momento en el que las criptos estarán por todas partes en la vida cotidiana y no les quedará de otra que entender el sistema.
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It really is one that people will have to take their time to understand and grow into.
This is no different than the Internet. Back then you couldnt explain it to people. They simply had to get involved.
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It's just so funny to me that people in the US think we need to/should pay taxes to a corrupt and unconstitutional government that has violated its obligation to the constitution and to the people at large. They don’t deserve taxes, they deserve abolition and or death.
Yeah welcome to the system.
It is totally upside down. Of course, governments love that. Pass enough laws and you essentially make everyone a criminal.
This is why we need to start dismantling governments. By forming an alternate system, we need not invite them in.
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It feels really good to have a purpose in life.. which is liberating yourself and your fellow human beings from authoritarian hierarchies
The hierarchical structure is going to die. We are now seeing a way to go horizontal.
This is what the real change is. In a short period of time, people will take notice.
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It’s vary exciting!
This is what our politicians are using in all their "ban crypto" speeches .
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A nice contrast to the story that's told in that post.
This guy's mom is in her 70's and just got in crypto. I don't know, I just felt happy for her and wanted to share this hehe
https://leofinance.io/@jongolson/its-crypto-mondays-be-like-my-mom
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Yea I saw that post and watched the rerun. I think its great that people are more accepting of crypto now.
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Yeah that is a big step. He said he will get her on Hive at some point. That is great that it is spreading.
One person at a time. I would believe if she is successful in the next few months, she will tell her friends.
Perhaps he will have a whole group of 70 year old investors looking to get in.
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That would be nice to see. I've been trying to bring my dad over for a while but he is still suspicious.
That kills me though because he almost fell for a LOT of Ponzi Schemes during his life but when I try to show him some legit stuff he plays hard to catch lol
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It is the way people are. They simply believe the wrong people.
Sad but it is how things go.
It is why the process of onboarding people takes so long. They will not believe when one person tells them something. They require a bunch of others.
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Wow! I just heard about this post mentioned on the CryptoManiacs podcast, that I'm watching live on Facebook
I suppose a lot of people think it's illegal, but that's probably because they aren't willing to learn and understand things. That was one of the biggest failures we did previously as well, when we where marketing this place like a personal cash-cow for people. A lot of people didn't believe it was "so easy" to earn so they ignored the opportunity and thought it was fake, scam or illegal.
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That is the product of so many deceptions, and human reasoning distrusts everything that is relatively easy, it is an evil that affects us but I think it is a matter of time for this snowball to get bigger and our community has a considerable exposure !
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Government is afraid of losing control over people financially so they term it as illegal .it's not surprising to me as this is what is happening in India too.
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Yea I think that is a misconception we need to fix if we want things to take off. As much as I don't like it, a CBDC or BTC ETF is likely to make people see it more as something legal. But you never know since it took a while for cannabis to change its perspective.
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It's still illegal in Sweden.. :P
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In Panama despite the fact that it is a country with a lot of drug traffic, cannabis is still illegal
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i thought they were one of the major exporters of weed or so. maybe I got my facts wrong
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Same here in Brazil...
We have a huge war on drugs that's going nowhere but cannabis is still illegal, despite all the economic potential it has, not to mention other benefits.
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As long as the economic interest of a few at the top or better said in the government continues to exist, they will keep it that way just as they do here
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Just terming something as illegal doesn't stop it from being used.people just find new ways to use it , it's better for government to regulate it.
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here I doubt they will legalize it due to various socioeconomic factors
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True. Too bad the government here is heavily influenced by religious parties that are against the use of some substances as cannabis.
That's not the only reason, of course, but I believe it's a strong one. In the end is all about power and the votes of the "churches" are very important around here.
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It is actually illegal here in the United States.
Some states are starting to allow it but the Federal Government says it is illegal. Hence why cannabis companies have a tough time getting bank accounts since that all comes under the Feds control.
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and I think they will not allow it at least for now, it is still a very lucrative business as long as the restrictions are maintained, the fact that it is difficult to get drugs into the country that is what creates the high supply, since if we see the statistics the demand is made.
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Same in India lol.
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Its starting to gain traction here in the US. Most people just aren't against it anymore and people lives should not have to be ruined for just smoking it (as long as they do it safely). Not to mention, I think its great as tax revenue (less burden on the rest of us).
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Greetings friend I hope you are well, I think it was always a plan to keep it illegally if you go over the old restrictions, cannabis was considered more harmful than cacaina, they demonized it with a single purpose, to continue suppressing the population of color, remember that in that era was consumed mostly by people of color and especially Jazz lovers who affectionately called it Jargon, in great Jazz pieces you will hear that word and you will already know what it means, one thing leads to another and that is why we see a gap of inequality almost 200 years apart, the numbers are round and the statistics are available to everyone.
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I am doing well. Yes some things just don't make sense and its mainly because it is painted in a negative light.
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Do you need a certificate to prove you are allowed to smoke it? How will someone verify whether you are doing it for health reasons or not.
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I don't know how it works in all parts of the world but in some places, you do get some sort of "credentials" stating that you need it for medicinal reasons.
In other places, I think you just need a prescription by a licensed doctor
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I don't think so but if you are taking it medically, you may need so. I guess it would come with some Doctor's note. Legalizing it is better because they can get taxes, ensure quality and people can consume it without fear of going to jail.
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On point:
https://newsletters.yahoo.net/H/2/v600000178dfaa2547acf0d16e96c65848/234e7403-ca16-4f61-9451-ce11511f8c46/HTML
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LOL well 4/20 makes it a timely topic.
It is an industry, though, that came a long way in the last 5 years.
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It took a long while for cannabis and it is still illegal according to the Feds.
So there is that part to it.
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It's really funny as well that cannabis is considered a schedule 1 substance, meaning there is no legitimate medical use for it.. while cocaine is a schedule 2 and is able to be prescribed for medical use.
Morphine/oxy is heroine, which is opium, which is fine to prescribe even though it’s highly addictive.
Nicotine is A-OK to be sold over the counter. Fuck this government!
Yea, I find that really messed up as well. I have more than one friend that's using cannabis-derived medication and the results have been a million times better than all the other treatments they tried before.
Unfortunately, because of this bullshit, it's very hard for them to find it and they have to pay a really high price for it.
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I agree. A bunch of senseless bastards, all of them.
It is time we all started to opt out as much as we can.
I hope the stoners fight back with everything they have and crypto helps the industry to become enormous and they all avoid paying taxes. LOL
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May I pitch in and repeat - Fuck this government!
Weed & Crypto - A pathbreaking combo. :') Happy Economy.
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Or at least one that is too stoned to notice that the economy sucks.
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I remember in 2017 seeing the rise of many cryptocurrencies related to cannabis, I even believe I have seen a game based on cannabis and they use the Hive chain, the presale was overwhelming but if I am not mistaken after having spent more than two months even the game is not released, hopefully those guys don't lose their money!
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Weedcash. That is something that @jfang003 seems to be following.
In 2017 there seemed to be a crypto for everything. Unfortunately, most of it never panned out.
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Or opt in, opting out only makes you a target. Change can only happen from with in. You'd find alot of people agree with your stances and views. It's about representative democracy
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Me too!
I invested in some cannabis business so it would be great in more than one way if the industry gets huge!
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now you know why people these days are averse to government control and regulations. it is silly in so many ways. they ban things they don't understand and push things that fill their pockets.
lol fuck them all!
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Yea.. fuck the corporatists, and crony-capitalists. God damnit! I would have loved to be a "patriot" and server/defend my country.. but this whole idea of patriotism to any country falls apart when you take a wide angle view and realize that they are all working together.
I was just talking about this in the comment above, it was about racism
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Those ravenous wolves are one of the main traffickers, only licensed.
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There are great changes in even states such as NY about it. In fact, I think the reason why we had record turn out in some states is precisely because weed was on the ballot. There are too many people who just didn't care about voting but if its for what they want to do, they will.
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Yeah well that was a couple select people trying to promote the idea of make $1,000 on a post bullshit.
Those days are long gone thankfully.
It is not easy to grow an account but it can be done.
NFTs seem to be moving a lot faster which allows for people to profit in a quick period of time.
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I guess I missed that 1000 thing but it's good to know that it's in the past now.
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lol i never saw those days. would have been comical. i think those days of shit posting contributed to the attitude some of the early birdie bad about steem. things are a lot better, although I still see a ton of some people shit posting. I came across one account like that yesterday. notwithstanding, the blockchain is a lot saner now.
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Yeah, that didn't go well..
I still have no idea what NFTs are.. lol.
I've heard about it but I still have zero knowledge about it.
I have soooo much catching up to do!
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Well that is a rabbit hole you can go down and spend a year in.
And it keeps expanding. A lot of great things coming with NFTs. Sadly, we are in a mania phases where an NFT of my big toe is likely to fetch some money.
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i haven't explored nfts much but i have told my friends who are artists to explore it. like you said it is still in the mania stage. maybe when it matures i will explore it. i have enough on my hands already. i cannot overextend myself
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Yes, it could be a good thing for artists. I'm an amateur musician and I might try it myself.
I don't have a lot of hopes on it and it would be mostly for fun so if I get anything out of it it's gonna be more than what I expect.
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Well it doesn't hurt to try. Not all artists turn out to be huge recorder sellers. Few ever truly make it big. But if you can have a sizable following you can make something decent out of your talent.
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hehehe it's true, I also think I'll expect new uses for NTFs, the fact that you have something that is scarce is great but there must be something else that adds value
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But there are so many stupid NFT out there which is spoiling the name for it.
Buying tweets and stuff for millions of dollars is stupid.
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And there really are millions, until last month I read that the NTFs market had reached transactions for more than 100 million dollars
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Yes, but Topps and the MLB are issuing Series 1 Baseball cards, highly collectible, via Wax. In fact, it starts today.
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About 3 weeks ago, I posted an article on Chainlink's Dynamic NFTs. Interesting how they may be used in the area of identification and KYC.
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ohh excellent I'll take a walk there to know a little more about that, because in itself I have only seen its application in collectibles
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I like what you talk about in NFT's real world application as applied to real estate and just expanding to every other aspect of life.
NFTs are basically just digitalized items. These items can be pictures, music, videos or even game items. Its the simplest way of looking at things.
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You haven't thought about the fact that wars seem to be taking on a more cyber than warlike tone. With this in mind, imagine an attack on an entire electrical system in a country! What will happen to the NTF market in that country?
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I don't think it will be a problem since its all stored on the block chain. So unless the block chain disappears, there are no issues. This is why we need to push for decentralized block chains.
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Looking at it from that point of view you can be calmer, I still have my doubts, perhaps because I was a victim of the ICOs in 2017 and this seems similar to me, but I do not doubt that good projects will come out of all this!
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That's basically the only thing I know about it. That it's digitalized items. :D
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Well it's just like your comment but replace it with image or video.
For example : you own your comment right? I cannot edit it , I cannot delete it . In the same way , images and videos are uploaded to blockchain and you can own it . You are the owner of it , you can sell it to someone else on the blockchain which will make the latter as the owner.
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Here is one of the CrptoMonkey NFTS I own for an example:
https://media.wax.io/QmXAm2YY5dYrSGiukyP2dnzb6U2qQESv1vvAoUNLqyYSR2/200x300
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Yeah.. Seems like I have some catching up to do.. I wish I had all the time in the world for a week or so.. :D
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Reminds of how I want to make a post about RPlanet on Wax. Its basically Defi with NFTs lol. The ideas are kind of endless on what they are attempting right now.
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Is that the advertisement I am seeing on Leofinance recently?
Defi for NFT where I can own , stake and play?
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No joke trying to sell a piece that's actually worth abit but no luck as yet. Lol
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I don't think I have heard of a $1,000 a day bullshit. It just doesn't seem possible unless your a whale with a ton of voting trials after you.
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Watch some of the videos or read up on the post by Jerry Banfield.
He was the main promoter of that stuff.
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I'll note it and check it out later when I got time.
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He was known for his very long posts, which were good for Google SEO, but a pain to read through. I used to watch his videos on YT before I decided to join.
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You missed out on things back in 2016...
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I got here in 2017 and it was still going on in terms of the idiotic marketing and get rich quick scheme.
It took the bear market to clear those people out.
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Honestly speaking, I think a bunch of them are still here. They're just waiting for others to do all the heavy-lifting.
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I first heard of either a $100 post or a $1000 Steemit post back in Spring early Summer of 2016 on Facebook. I immediately went "right!" and clicked away. Had I joined back then instead of a year later, I would have been networking with the early whales and would likely be one.
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I guess it all depends on your approach back then. I joined in July 2016, had zero experience and I didn't believe in crypto at all. I simply cashed out everything I earned. Roughly 6 BTC in ~2 months or something.
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I can really relate to that. I used to thought the same when I first heard about crypto. I think we are slowly moving towards mass adoption, but there are still a lot of myths and misconceptions about crypto that drive a lot of people away.
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Personally I think it is going to take a lot of people using it in some form before it penetrates their understanding.
It is just like the Internet. You couldnt explain it to people, they had to experience it for themselves.
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You hit the nail on the head, at least for the US.
Paying taxes does not make an activity legal, the IRS just wants it money. You can be a gun runner or drug dealer and they dont care.
Just pay them.
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That's true. It was a prostitute in Sweden a couple of years ago who paid taxes. It was totally fine for her to run her "business" as long as she paid taxes, even though it was illegal.
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The different parts of the government are only interested in their parts. They talk about cross department collaboration but it isnt that way especially with bureaucrats. They simply do not want to be bothered.
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