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More reason to stop using banks

More reason to stop using banks



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  1. tldr; US President Joe Biden’s administration has proposed to monitor gross inflows and outflows from an individual’s bank account as part of an $80 billion plan to enforce tax compliance. The proposal would require banks to report to the IRS, including transactions from Venmo, PayPal, crypto exchanges and the like in an effort to fight tax evasion. The Treasury Department claimed the plan would have little effect on ‘already compliant’ taxpayers, but would help the IRS better target its audits.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. The current global government paradigm, regardless of country, is set up to keep the majority in poverty and working to the bone for scraps. They don’t want honest hard working people to succeed. They would only allow the worst amongst the people to lie, cheat, steal, and murder their way to the top.

  3. Bitcoin gives you access to the most important thing of all: the freedom to live your life on your own terms.

    How do you do that? By taking back the power over the fruits of your labor.

What do you think?

The head of the Innovation Hub at the Bank for International Settlements (BIS) has called on central banks to step up their CBDCs efforts.

BIS has called on central banks to step up their CBDC efforts.

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