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Irs and coinbase

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The IRS Gets Access to Coinbase Data. Now What?

798 views | 30 Nov. 2017

**This video is not

**This video is not intended to be tax advice. Seek your own tax professional about your personal tax situation. **

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Nick Osmann

The point of crypto is to collapse the US dollar... And it will, and is, and regardless the world will use digital currency outside the centralized bank. The US dollar is corrupt. End the Fed. Start a business out of the country. Use bleach bit, lol. Hack the planet!!!!

Mr Crypto's Neighborhood

this social media is also the cause of hackers..showing off there success rates

Bitcoin bae

Love it!!! "Stop running your mouths!"

Mr Crypto's Neighborhood

I only got $20 to my cyrpto name in coinbase...I good for another $9,980 lol

Mr Crypto's Neighborhood

I'm just gonna treat it like any other gross income, on a quarterly basis as if I continued to work as I did for years..Wedding Photographer!!...only difference is I just raised my price very high in 2018 to explain my large possible amounts. Also I don't tax until it hits my U.S. Bank, this really doesn't have to be that difficult in my opionion...
REPLY

jimmybarr1966

Do we only pay tax on the money that goes from BTC TO USD INTO OUR BANKS??? OR EVEN THE MONEY THAT'S STILL ONLINE IN A CRYPTO WALLET??

Mr Crypto's Neighborhood

Guys, just pay your portion of taxes quarterly..that's it, simple. no reason to make this whole thing confusing. a percentage of your grosses everytime you sell only when released for fiat.U.S Dollar form

Silver Rollercoaster

Lasandra in my opinion you have an uncommon level of common sense! The level of ignorance around bitcoin and cryptos in general is astonishing and you're spot on about Facebook and social media. I come to you tube to learn about many different subjects and you are easily one of the better public speakers I've encountered. Even tho I'm not in the US these basic principles of capital gains and tracking your accounts to provide accurate tax info still apply to me. I'm in the Toronto area just so you know but if I were in need of an American tax consultant I'd hire you.

keepitsimplestupid

That's good stuff baby! Real good stuff!

Silver Rollercoaster

Just to add to your point of ppl thinking the block chain is anonymous, it isn't. It's basically pseudonymous at best. Although the block chain is encrypted the wallet addresses can be traced either to an account be it a bank account or paypal or a crypto exchange and all activities surrounding that wallet address are transparent. To be legally licensed to operate, the exchange now evokes kyc (know your customer) and AML (anti money laundering) protocols. Trust me if I can look up transactions on block chain dot info so can others. And who knows what software devs will have in the future. I can see the IRS hiring a few dozen ppl with degrees in computer science to create transaction account record software to confirm activities and documentation provided by the citizens. Now we know not all exchanges are properly licensed but time will tell how all this goes down. Remember that this is still mostly in the beta testing stage. Upgrades and forks abound. Basically we are still in ford model T's and the first corvette is still aways off let alone ferrari and bugatti.

Irs and coinbase

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LEAKED!! COINBASE SELLS YOUR DATA!! IRS, DEA, FBI Involved - Programmer explains

19 977 views | 6 Jun. 2020

✅ WATCH LIVE DAILY:

✅ WATCH LIVE DAILY: https://ivanontech.com/live

? FREE CODING WEBINAR: https://coding.ivanontech.com/

❤️ START TRADING (get great starter deals): https://ivanontech.com/deals

✅ SIGN UP FOR TELEGRAM: https://t.me/ivanontechannouncement

DISCLAIMER: Trading Bitcoin is VERY risky, and 80% of traders don't make money. Make sure that you understand these risks if you are a beginner. I only recommend crypto trading to already experienced traders!

⏰TIMESTAMPS

Introduction- 0:00

Topics of the Day- 0:12

Market Overview- 04:15

Blockchain Developer Live webinar reminder- 4:50

NASDAQ rebound- 5:45

The Fed meme video- 7:00

Coinbase wants to sell blockchain analysis software to the IRS- 10:35

Big Four Accounting Firms wants to empower Enterprises with Ethereum- 20:00

Infura node use case- 23:45

Invest in DeFi like a Financial Planner- 25:05

Different portfolio adjustment analysis- 34:10

Q&A- 35:200

Q1- which stable coin would you sell f you want to sell? 36:00

Q2- What do you think about trading sites like ETORO? 36:40

Q3- Does a bitcoin transaction have some kind of "save maximum", below which it is very unlikely for it to get reversed by shadow mining? 38:00

Q4- whats the difference between baseline and nightfall?? 39:00

Q5- What's the difference between Set Protocol and pToken? 39:20

Q6- Can you predictively win with ICOs? 40:01

Q7- What dou you think about Zilliqa's (ZIL) raise - now on @BinanceUS widget - and it's future? 40:25

Q8- any updates on Tixl? 41:00

Q9- what coffee brand do you prefer? 41:37

Q10- Celsius or Crypto or both? 41:45

Q11- Whats your thoughts on Russia having an upcoming vote using blockchain, can it truly be anonymous? 42:34

Q12- did you get your MCO debit card already? 44:10

Q13- do you think BCH will survive in long-term? 44:30

Q14- thoughts on token metrics? 45:10

Q15- Do you have stats on how many are viewing live chat? 48:00

Q16- I meant maimum safe amount in BTC, not in blocks, because shadow mining costs money so I guessed that if you would know jhow much, you could specify a safe maximum amount.? 49:20

Q17- are you considering a special course about mining?? 51:05

Q18- Defi Opportunities with the flashloan hacking, How common would it be per induvidual that the miners will hijack the arbitrage flashloan? 52:20

Q19- When do you think DeFi will reach mass adoption? 53:10

Q20- Crypto security for new users should be a courses 54:20

Q21- you think hijack miners makes a pool and for some fee they do not hijack the arbitrage 54:40

Q22- have you seen much growth of brave donations to your site. Will they take on google 55:30

Q23- if difficaly does not change when shado mining o can kill btc 57:30

Q24- What is the Best IDE for Solidity? 58:00

ACR

Ivan do you recommend Block Fi?

Mike Ehrmantraut

I hate coinbase. Can't wait to dex

Rodolfo Leal

Just came here to see you say Zilliqa is top top gainer again....

Michael Cocchiaro

Don’t lose your minds. It’s just the same as all banks. Did you know that if you withdraw more than $10,000 from a bank at one time the bank must report it to the IRS, and DEA. So don’t keep your money in any bank? If you are not a criminal you have nothing to worry about.

Donovan

Question: once my year subscription is over does it automatically subscribe me again?

tacitus kilgore

Where else can I stake my tezos? I'm gone from coinbase asap

Jeli Jones

Henry Ford wrote "The International Jew". READ IT!

Miss Crypto

At work but Watching Ivan

Matthew Moon

Why would drug dealers use Coinbase?

Finxflo

Just assume that any Corporation or centralized authority collects and sells data. Why wouldn't they?Data is a gold mine.

NC Priscilla

Excellent Video, I count myself as a successful trader because of the amazing strategy of Mr Francis Martins whose my bitcoin miner

Chuck T

Was this vodka Ivan ?

ali iftikhar

I would rather use swissborg wealth app for quick easy and best rate with OEM and one of the best wealth app in Europe.

Super Roo

I couldn't give a crap what data gives to legal authorities. I have nothing to hide and there is no data I have on Coinbase that is important anyway! Its a non-story, a mountain being made of a molehill.

Elliot U

Deleting my coinbase account today

Jeffery Kolb

Love your channel! If the information is on the blockchain does it matter where you bought it, etc because the analytics is going to see the transactions on the chain regardless of exchange?

Jimmy Humania

Uphold is pretty good, not bad at all.

dannywest13

There’s so much spelling mistakes in the time stamps lol

L vonende

Big surprise. I have been saying this for a couple of years. Your corporate masters do not want you to be free or independent. If you work for these people, and they are just a group of corrupt people, you are helping to build your own prison and the prison your children and grandchildren will live in.

Cat Tails

Emotions are overrated. Learn to control them and win.

Roman Hudelis

too bullish on the water hahaha

tommy luck

QUESTION:How Google authenticator works if did set 2FA on kraken. I can't switch on my phone but i know the 16 characters key. Set up the authenticator on a new phone for my kraken account. And now i found my old phone able to switch on. Which code will be accepted? Or both will be i synched? I hope it was clear enough and somebody can answer! Thanks have a great weekend! But don't be over exited about Friday ,neither the weekend.!??

Jonathan Kerin

Monero is 100 steps ahead.

Paul Brammer

Ivan, I watch you everyday and learn so much about the industry, you are my daily update on whats going on.
I am seriously impressed with the amount of due diligence and research you have performed in the blockchain industry, my hope is you direct just 10% of your research abilities into the shape of the Earth you live on, your lack of research in this area is seriously lacking my friend :)

Asen Radenkov

Hi Ivan,
Which exchange do you recommend instead of Coinbase?

The Usual Suspect

Goodbye Coinbase ?

Orion Constellation

Ivan ! Bitcoin and USA stock markets are correlated)))))

Helvetica Ent.

Coinbase is the Nasdaq of the future. You heard it heard first. I'll be 1st in line to buy the stock when it IPO's or when they issue their own (non-stable coin) token.

B

Cardano Coinbase listing coming ???

Soul Warrior

The market is going up for one reason. PRINT PRINT PRINT!

Charles Patterson

Yes, they do!
I was invited through Gmail on to fill out a questionnaire (sent from Coinbase's San Francisco Main office), almost two years ago... They had hired fellows from 'Hacker team' and 'Neutrino', who invited me but they never did give me the coins they promised after I filled it out. After that, Coinbase would never allow me to use my account. I was not happy with this arrangement, and they have ignored ALL my queries since then.
I filed a report with the FTC but they are not interested in helping a lowly citizen... All these 'authorities' are in bed with each other - and they effectively removed me from any further Trade. I have been 'Blacklisted.' That was almost two years ago. They disabled my CPU so that I can no longer use a VPN.
I have not been able to access ANY exchanges where I had assets ever since.
I even tried to communicate with the office of the state of Washington Attorney General - but they don't even answer mail or take Murder/Kidnapping crime reports -let alone bother with 'a piddley Series of Grand thefts' involving a Registered Voter.
I will NO LONGER pretend to believe it matters who I vote for...

I live in an isolated location with no IT helper, no Family (He has since passed), no Community and I am attempting now just to survive on a tiny fixed income as I was disabled in an 'industrial accident' at my workplace. Blocking me from ALL my crypto accounts for eternity was 'the last straw...'
I think they are waiting for me to die, now: What used to be called ''procrastination" and ''failing to live up to one's responsibility" is now considered 'a solved problem' through their use of 'Demographics.' 'The preponderance of Time..' will cure ALL things...
You have to cultivate a 'real sense of humor' just to stay Alive, in this upside down/backwards World!
Apparently, they would rather use their 'godlike ' FORCE MAJEUR to commit abomination on innocent civilians, instead of protecting them!
It is clear: They put 'the fix' on me and I have to continue to watch on the sidelines... I am not allowed (in Practice) to Trade in ANYTHING.
My Congressmen don't care, Sheriff says it is "a civil matter"!
If I complain to them, they send 'Street people' to 'Gangstalk' me and con men (no doubt armed with the info I stupidly trusted them to 'keep') to 'Gaslight' me. The FTC and the Politicians are 'Golfing.' "No one cares..."
I hope you guys can 'keep going' though, and I cheer you on!
Living 'by proxy' is ALL I have left...

jml yng

so basically coin base allows the government to steal your crypto currency. too many people had accounts hacked via mobile phone service

peter s

Energi nrg dev team made 5k confirmation permanent on exchange without ever giving a vote to the community.
So energi devs can do whatever they want and pick what community can vote on. The project governance is complete BS.
Sell off started

Me 2

Isnt this what everyone with a name or gain doing? Hollywood zombies dont know morals

All Things Crypto

What’s a better exchange?

Titi Jean

coinbase has become insensitive and asks me for utility bills, what does he need? it becomes a basic shit coin mess

CryptoCash Charlie

Funds are safu ?? by the government and investment insurance that is

I-LIFE MEDIA

Don't use E-Toro! you don't actually get the tokens or coins you "buy" on the platform. You can only get fiat out. You cannot withdraw the crypto.

tommy luck

Hate coinbase from the beginning. The NECESSARY bad thing in crypto

Felix Herrmann

So ivan will stop using coinbase commerce for the livestream?

Leo Williams

I just closed mine. It took me a while to realize what these scumbags were doing!

Orlando Newman

Aloha Bradah Ivan from Oly Honolulu Hawaii you giving us bradahs an opportunity of a lifetime thank you

André Diadore

Just use uniswap and kraken

Charles Patterson

'Trust no One.'
"These 'Authorities' are The Biggest CROOKS of ALL!"

Immanuel Kant

Leave all that fake crypto bs and move to HEX, no centralized exchanges, trustless crypto, trustless interest.

Double Edge

From a business point of view the move is understable. Those few hundred that close their accounts because of that are easily compensated by the big fish that enter the market at their place.

Mengdi Zheng

plus coinbase always crashes when the price is going up fast :D - what if that's a fake system error - to allow only limited users to trade at the good price ? but coinbase issues visa card the fastest - crypto . com does visa card too slowly ...

ACR

Pretty sure all the exchanges will sellout your info....but COINBASE does feel shady.

Arnold Black

FEDBASE

Donald Duck

$589 XRP will truly be life-changing in the next few years......

Charles Patterson

People who 'Work for The Government' are NOT Angels, and fall prey to GREED just like anyone else!
They will likely 'take advantage' when and where they can. You have to have a Community to be recognized or have any kind of protection. I will watch on the sidelines, now...

iceslim01

I closed my coinbase account over this

Crypto Coin

take your coins out of coinbase people !!!!

Jason Human

Assumed as much. DEX, uniswap, stable coins,..... they’ll eventually phase out these POS centralized exchanges.

Peter Jones

This coinbase thing is not really news.
They started complying with the IRS years ago and if you ask me.. i'd rather the IRS use a legitimate software to track this and calculate instead of coming up with their own garbage designed to rip us off even more

Data Mania

wow

Michael Delanzo

If you want to become wealthy STOP DAY TRADING!,...you are fighting the natuarl rise, pass it LONG TO ALL THE CRYPTO SITES PLEASE....... "MASS ADOPTION!" = GENERATIONAL WEALTH!..THX

Mike L.

its bad that the fed is printing money but bitfinex is doing the same printing tether so whats the argument?

Victor Y

ARE YOU SURPRISED??

Michael Delanzo

CAUSE COINBASE WANTS TO IPO NEXT YEAR AND BECOME A INVESTMENT BANK!

efs 1925

Ivan, if the US market crashes so many pensions will go belly up and either they bail out the pensions or social unrest will increase vastly. So we can count on the fake stimulus for months or longer. Now we know why billionaires and millionaires have been building bunkers for years. This all was forseen years ago. This is the final rape of the US.

TheMetro

Too bullish on the water hahahahaha

Bren L33c3

Is this what Terry Davis was on about?

MrJimbo777

I'm new to crypto... Literally only last night i was thinking i'll create an account with Coinbase!... Now this new info has put me off tbh... Maybe there are others that are safer & more private with my data?

Mohammed Haj Daoud

What’s the ticker fir texl?

norepetitivebeats

Whats a better fiat on-ramp for Bitcoin?

Mice Elf

Coinbase is most likely already selling your data under the counter.

Chris Hayes

Ivan!

Yvon Rouillard

Lets ban coinbase, they are shooting them self in the foot

Eagle Three

A juicy juicy episode!!! (:

Victor Y

Illusion, if they don't share than what? Power has not become decentralized in the past few weeks..

Victor Y

Goood make sure your coffeee is fresh, the real bitters are coming later, you cannot defeat this externally, don't waste your life on dogs...the LION will conquer!!

CryptoSlo

UniPower All the way Bro! DEFI Gold

chickensandw1tch

6:40 bruh moment lol
14:00 trust moment
27:40 crypto momen
44:30 flat earth moment ?
55:50 donation moment

DoJo Mast3r

Wow, did ivan just say "Safety is number 1 priority!" that was hilarious!

rob witham

They’ll never stop crime 100% shit they are some of the biggest criminals in the world. Government is just another form of mafia taxes sound a lot like a shakedown to me.

lydia yuna

is there another exchange can I use in United States ? I will quit coin base

Stewart Robinson

great show...SC usa

Steven Reekmans

All your (coin)base are belong to us

illumique

I think youtube is drilling next door.

KeeperOfKale

Moving my funds to crypto . com

Michael Gironda

This was a fantastic episode, man. Very informative and well articulated, as always. Cheers!

Keith Runde

Lmao. "I was too bullish on the water!"

chickensandw1tch

I have bahnhof, bahnhof is king!

Joe Stack

you don't have to name everyone watching the vid

Rav

The drilling is back once again, but the bulls are so strong nothing can stop us!

KeeperOfKale

The main problem, in my opinion, is a DeFi solution for fiat on-ramping.

chickensandw1tch

Yo this video was full HD cripsy sharp high definition!

chrisgt198726

whats the best options other than coinbase?

Angus Chiu

The timestamp is insanely useful when you want to come back to the topics you need to further study, thank you so much!!!! :)

Teds World

No data should be given unless there is a warrant with an individuals name on. Warrants are an important limitation on mass state surveillance giving citizens a fair privacy balance.

dodol

And please also refuse microchips in future, because The Cartels (oligarchs and technocrats) can rob Your wallets anytime.

Peace and Love

J B

The stock market is a scam. The Fed is printing the last of the trillions of dollars that will be worth anything and propping up the rich. They're going to continue to prop it up until they convince retail investors to buy back in, then the wealthy will sell. The whole monetary system is a lie and a scam to keep the money in the hands of the rich.

Interopader

Where can I buy Bitcoin in the US if not at Coinbase?

Anthony O

Good things are coming to crypto! Crypto is the future ????????

StinkyTofu

Coinbase just wants to help pay for neutrino purchase. Who owns coinbase?

Ivan on Tech

✅ WATCH LIVE DAILY: https://ivanontech.com/live
? FREE CODING WEBINAR: https://coding.ivanontech.com/
❤️ START TRADING (get great starter deals): https://ivanontech.com/deals
✅ SIGN UP FOR TELEGRAM: https://t.me/ivanontechannouncement
⏰TIMESTAMPS
Introduction- 0:00
Topics of the Day- 0:12
Market Overview- 04:15
Blockchain Developer Live webinar reminder- 4:50
NASDAQ rebound- 5:45
The Fed meme video- 7:00
Coinbase wants to sell blockchain analysis software to the IRS- 10:35
Big Four Accounting Firms wants to empower Enterprises with Ethereum- 20:00
Infura node use case- 23:45
Invest in DeFi like a Financial Planner- 25:05
Different portfolio adjustment analysis- 34:10
Q&A- 35:200
Q1- which stable coin would you sell f you want to sell? 36:00
Q2- What do you think about trading sites like ETORO? 36:40
Q3- Does a bitcoin transaction have some kind of "save maximum", below which it is very unlikely for it to get reversed by shadow mining? 38:00
Q4- whats the difference between baseline and nightfall?? 39:00
Q5- What's the difference between Set Protocol and pToken? 39:20
Q6- Can you predictively win with ICOs? 40:01
Q7- What dou you think about Zilliqa's (ZIL) raise - now on @BinanceUS widget - and it's future? 40:25
Q8- any updates on Tixl? 41:00
Q9- what coffee brand do you prefer? 41:37
Q10- Celsius or Crypto or both? 41:45
Q11- Whats your thoughts on Russia having an upcoming vote using blockchain, can it truly be anonymous? 42:34
Q12- did you get your MCO debit card already? 44:10
Q13- do you think BCH will survive in long-term? 44:30
Q14- thoughts on token metrics? 45:10
Q15- Do you have stats on how many are viewing live chat? 48:00
Q16- I meant maimum safe amount in BTC, not in blocks, because shadow mining costs money so I guessed that if you would know jhow much, you could specify a safe maximum amount.? 49:20
Q17- are you considering a special course about mining?? 51:05
Q18- Defi Opportunities with the flashloan hacking, How common would it be per induvidual that the miners will hijack the arbitrage flashloan? 52:20
Q19- When do you think DeFi will reach mass adoption? 53:10
Q20- Crypto security for new users should be a courses 54:20
Q21- you think hijack miners makes a pool and for some fee they do not hijack the arbitrage 54:40
Q22- have you seen much growth of brave donations to your site. Will they take on google 55:30
Q23- if difficaly does not change when shado mining o can kill btc 57:30
Q24- What is the Best IDE for Solidity? 58:00

Anna Lee

Curious to know why you prefer DAI over USDC.

micro tarded

You people still think bitcoin was created by one person to free people from government fiat? It's all another form of government control in disguise. I wouldn't doubt it if some government agency some where like darppa or maybe even the Gates Foundation created it. Its all a form of control. Every little transaction is trackable. Just like YouTube was supposed to be for everyone's voice to be heard and when they have everyone on it they start banning people they disagree with. These governments and technocrats have learned a long time ago its easier to trick people into accepting their forms of control rather then force it upon them. Cryptocurrency is the future and it will replace fiat 100% and it will make a huge bull run that will get everyone's attention when they are ready. 5g needs to be fully implemented for all this to work and that will take years to build.

D-NOT-U

Atomic Clock
No milk, no sugar
As always, as always
Goodbye, goodbye, goodbye.

Irs and coinbase

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Bitcoin Q&A: Coinbase vs. the IRS

8 891 views | 31 Jan. 2017

I wasn't shocked that

I wasn't shocked that Coinbase is about to be raided. Who on Coinbase didn't know that everything they did was going to be surveilled? That's what it means to work with a regulated exchange. The coming negotiations between Coinbase and the IRS.

This talk took place on December 3rd 2016 at the Coinscrum {MiniCon}, hosted by Imperial College in London, England: https://www.meetup.com/coinscrum/events/235709468/

Want to hear more about Bitcoin and open blockchains?

Follow on Twitter: @aantonop

Visit my website: https://antonopoulos.com/

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