Why Does PWA Think Cryptocurrency and NFTs are Dangerous
Because they are a fiat currency at best and a Ponzi scheme at worst. That is why we suggest physical assets like real estate, gold, silver, food, weapons, medicine over intangible goods. Understand that intangibles and fiat currencies can be traded and a profit made much like FOREX markets trade on all other nationalized currencies. There is nothing inherently wrong with speculative valuations, but be aware that an asset which fails to provide a service or medium equal to its speculation is eventually doomed. In other words, make the money but don't get caught holding the bag.
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Can Cryptocurrency Wallets Use Lawful Money Language
Yes, cryptocurrency wallets can use the lawful money language.
Is Cryptocurrency Acceptable For Payment
Yes, we accept cryptocurrency but it will come with a 2-4 day processing delay. Please contact support to obtain the appropriate address in which we may accept cryptocurrency. Be aware that only certain cryptocurrencies are accepted: Bitcoin, ...
Can Cryptocurrency Be Put Into A Trust (BitCoin, LiteCoin, Ethereum, Etc.)
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Will Lawful Money Work In a 100% Digital Society
These laws are setup by the elite - so they will always be valid and workable, even in a "100% digital age". Whether it's: 1) Cryptocurrency - add "redeemed in lawful money" verbiage to the account information. 2) PayPal - add "redeemed in lawful ...
Virtual Currency Question on IRS 1040 Form
The IRS reminds all taxpayers that they must answer the virtual currency question on Form 1040, 1040-SR, or 1040-NR, when contained on the form. If one sells or exchanges virtual currency or uses it to pay for goods or services or hold it as an ...