Event time: UTC 21 May 2022 to 00:00 UTC 27 May 2022
You just took a dig at my grandpa there😬😂
could you please explain how the value of these stable coins won't be affected (depreciated) if it's tied to USD notes? () If the Federal prints more notes, the value of the coins will drop? thanks
When explaining stablecoins, do you mean when you withdraw a dollar a usd coin is burned?
- Are you saying if you put your crypto into a stablecoin you don't have to pay tax on your gains at the point? A quick google search does on confirm this:Trading a stablecoin for a cryptocurrency is a TAXABLE transaction (capital loss or gain) and would appear on the 8949.
Did you forget that even if you trade in and out of stablecoins, you'll owe taxes?
If He was to borrow 100 dollars of usd or fiat he must put $120 worth of crypto
I'm sure someone has thought of being both parties, right? Lending as person 1, running away as person 2, getting paid the interest anyway?
@ we have overcollateralized
it's far more often about avoiding capital gains tax by avoiding liquidating your crypto assets.
ETH could be worth a lot but what happens if it worth a little? Can you choose to keep the 750 and loose your eth if it went down to dust?
@ in London, standard currency is the pound £
British Pound not the Euro
- must have been a meaningful "trip" to London if you are so confident that you even put in the video that in UK the currency is EUR, "of course", since they never had it....btw great content beside this
brexiters everywhere just screamed at this video at marker :D
London currency is the Pound mate
in London the currency have never been Euro
At you said the currency in London is Euros, you might want to correct that :)
*Laughs in CCP*
ORACLES, Hmmmm......, Interesting, The guy who created this must be a crazy fan of THE MATRIX movies.😌
surely its wrong at ? you didn't make a profit of $70 you made a profit of $50 (minus whatever interest the bank makes you pay)
