American Remnant

American Remnant's avatar
American Remnant
npub1hw5c...9pqx
American remnant living in fiat world somewhere in the Rust Belt.
bitcoin basics for the confused. blockchain consensus: defines what gets into the blockchain. hard rules. simple and clean. obey or fork. changes once a decade. blocksize wars. mempool policy: defines what gets into your personal mempool. soft rules. nothing happens if you don't obey. changes regularly. complex and depends on implementation. does not prevent transactions from entering the blockchain.
Another rug pull from USA....28% on gold long term gains.🀣🀑🌎 Tax Classification: Collectibles vs. Securities Gold as a Collectible: The IRS classifies physical gold (e.g., bullion, coins) as a "collectible" under IRC Section 408(m). Collectibles, which also include art, antiques, and certain other tangible assets, are subject to a maximum long-term capital gains tax rate of 28% for assets held longer than one year. Stocks as Securities: Stocks, bonds, and most other investment securities are classified differently and are subject to a lower maximum long-term capital gains tax rate of 0%, 15%, or 20%, depending on your taxable income and filing status. For 2025, the 20% rate applies to higher-income taxpayers (e.g., taxable income above $553,850 for single filers or $622,050 for married filing jointly).
August 2024, European Commissioner Thierry Breton sent a letter to Elon Musk and X CEO Linda Yaccarino, warning about the potential amplification of "harmful content" during a planned live broadcast on X featuring Musk interviewing then-US presidential candidate Donald Trump. The letter, posted on X, cited the EU’s Digital Services Act (DSA), which requires large online platforms to mitigate risks related to illegal content, disinformation, and incitement to violence or hate speech. Breton emphasized that the broadcast, accessible to EU users, could have "spillover" effects in the EU, referencing recent UK unrest as an example. He urged X to ensure compliance with DSA obligations to prevent content that might harm civic discourse or public security.