Today I talked about the history of Bitcoin, and what it means for it to be called a “store of value” and digitial gold. I also touch on the stance of “scarcity” of Bitcoin, and compare it to the over 150 hard-forks Bitcoin has had. The underlying technology is not unique to just Bitcoin, and has infact been replicated in each hard-forked currency. However, Bitcoin does have the “status” of being the FIRST crypto….which means alot.
A comment on my channel for my first video touched on the issues of how it would take the global government to stop Bitcoin, I briefly touch on the EU Comission their new stance on DAC7 and DAC8 regulating the digital economy and digital currency respectively, the OECD ( Organisation for Economic Co-operation and Development) and how the US Treasury may act regarding OECD issuing requirements for member states (of which the US Treasury is a member).
In the end I question which is better to serve the needs of money transfers Bitcoin or XRP.
Bitcoin White Paper in multiple languages = https://bitcoin.org/en/bitcoin-paper
ELI5- Transfer Pricing and Tax Impacts
European Comission: DAC8 PDF & FEEDBACK OPEN for Proposed EU LAW DAC8 Targeting Cryptocurrency Public Consultation First Quarter 2021, Comission adoption Third Quarter 2021: https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12632-Tax-fraud-evasion-strengthening-rules-on-administrative-cooperation-and-expanding-the-exchange-of-information
OECD Tax Director
Follow me on Twitter here : https://twitter.com/JTheAccountant
40% Off Ledger Nano S and X Click Below for Coupon https://shop.ledger.com/pages/black-friday?r=590d417d3475
If you want to join me investing in the stock market you can open up a stock account on WeBull and receive two free stocks valued between $8-$1600 DOLLARS amazing offer and a great company! Thanks WeBull!: https://act.webull.com/po/VVypt73H5VbV/fjn/inviteUs/
Help me make more content: https://www.amazon.com/hz/wishlist/ls/8R0PDLAICZIL?ref_=wl_share
If you’d like to donate BTC
Deposit Address: 3PfFgEzh9mWy9RfxodNtpbNe2nNGSJuXTb
If you’d like to donate XRP
Deposit Address: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg
Destination Tag: 3272323849
As always thanks for reading/watching!