You are viewing a single comment's thread from:

RE: A Rumination: Steemit, Contradiction, And Economics / Or The Inevitability Of The Whale Hunt

in #steemit7 years ago (edited)

Meanwhile, in the cutthroat spirit of capitalism, which you and I both espouse, if/when you feel enough time has passed - take a look at some of my stuff - I think, actually - you might like it.

If you look at anything - you probably should check out this

https://steemit.com/steem/@dber/let-s-talk-about-taxes-2017613t316666z

The IRS notices on crypto currency currently treats freshly mined currency as real income, taxed in the year it is received, with a basis at whatever the value was when you received it. This creates a wide variety of potential tax implications, which mean nothing to me, but could be important for you to consider.

Sort:  

I take issue with the word "cutthroat". I'm cutting no one's throat. Capitalism isn't about cutting throats or violence.

I know it's just an expression and you didn't mean it literally, but you are putting words in my mouth.

I meant it in the traditional, economic, wall street sense of the word - I didn't mean to imply any kind of physical violence and certainly didn't mean to attribute that meaning to you at all. It was just a turn of phrase