Cryptocurrency Contents Archive

Michael Saylor and Microstrategy are being sued for alleged tax fraud

We all know michael Saylor because he was the CEO of Microstrategy for a long time. He accumulated 17,732 BTC, which he bought at an average of $9,882 each. MicroStrategy owns 129,699 bitcoins as of June 28, 2022. The total purchase price for the bitcoins was almost $4B making an average price of around $30,650 per bitcoin. Currently, it seems like they are being sued for alleged tax fraud. This could be terrible for Bitcoin because he is often perceived as one of the big faces for Bitcoin and he and microstrategy own so many of them. Oh boy. Get ready to buy the dip, because this has to affect the price in a substantial manner. How can he not pay *any* income tax at all!!??!?!?!??! ​ ​ https://preview.redd.it/oselmv03b3l91.png?width=609&format=png&auto=webp&s=5ba4336717716614add1900b6d234aea1dc7a65c

Are there any people who have done EXTENSIVE research on Bitcoin but still came to the conclusion that they're against it?

Haven't seen that yet. Most of the anti-btc rhetoric is from people who don't know what they're talking about. I just want to know if there's anyone really out there, like am I just in a silo? Also maybe this isn't the best subreddit to pose this question.

INCREDIBLE

Crypto.com Ditches $495 Million Sponsorship Deal With Champions League Soccer: Report

What’s the smartest way to use this bear market?

I invested in 2017, rode the high… and then rode it down into the bear market. I disappeared through 2018-2020 out of embarrassment and shame. Rarely checked crypto. But then in 2021, my bad decisions had become profitable again! It was only then in the middle of the hype that I realized how much opportunity there was in those years I disappeared (not just DCA). But I missed all the defi airdrops… because I wasn’t playing around with any of the new tech. What projects and areas of development are happening now that most people will regret missing in a couple of years?

Washington, DC Attorney General Suing Michael Saylor for Tax Fraud

REPORT: Bitcoin could reduce warming by 0.15C by mining on flared methane (while oil companies make extra money, giving them actual incentive to do this)

JUST IN: Luxury watchmaker Jacob & Co launches limited edition #Bitcoin watch 😍 https://t.co/4mryymqe5c

Pure happiness 🔥 https://t.co/WGVwg8B5Uu

“Coinbase lost millions yesterday in arbitrage - they are reverting transactions”

Unstoppable Domains Launches Encrypted Email Service

Touring Paris ahead of all of the Web3 action at #BinanceBlockchainWeek in September 🇫🇷 Come join us 👉 https://t.co/IE3i2lJPV5 https://t.co/EABNZW0BXD

"When we have several million machines interconnected, and people can talk to each other, and can exchange views, and can transact..." "That won't work" https://t.co/D8ubXLD1UI

BREAKING: Michael Saylor & Microstrategy are being sued for tax fraud by the D.C. Attorney General.

JUST IN: There are now 900,000 addresses that hold 1 full #bitcoin 🙌