Utopia or Dystopia – Just the usual holiday dilemma :-) by hidden84

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· @hidden84 ·
$6.63
Utopia or Dystopia – Just the usual holiday dilemma :-)
![apocalypse-2943286_1280.jpg](https://steemitimages.com/DQmSRbHhyCSRLRo5cd99iNxeutwSh8pkRjXViaSsjU1vNwo/apocalypse-2943286_1280.jpg)

Every January is reserved for easy topics, and when I say easy I mean writing about possible scenarios of  a dystopian society that will inevitably lead us to the end of the world. 

You can notice from the sentence above that the holiday spirit is slowly fading  :-)

But before everything I didn't manage to get done in the last year shows its ugly face in the New Year and bites my ass, I will take a little more of this break and write about some conversations, ideas, and fragments of inspiration I had. 

So, in the beginning, there was Steemit.

Last night I went to the pub and had some interesting conversation with a friend I haven't seen for a long time. He works at the University as the assistant professor and is actively involved with fellow poets and writers in many activities. We talked about a magazine which he wants to run, and is struggling to get the necessary funds. Naturally, my first association was open project calls, then I caught myself how I'm suggesting crowdfunding, only to end with Steemit as a perfect solution. And I don't know if he will do it, but will send him all information I can. We also had a short conversation about the importance of web decentralization and we both agreed that the battle for future of the internet is happening right now, even we often are not aware of that. It was just a chit chat so there are no important conclusions that I can share with the rest of the world  :-)

Later that night, my good friend joined Steemit and made her debut post and I think she will stay here for a long time (please feel free to check @vranilo). 

Now I'm thinking about the simple fact – Steemit is a user-friendly platform, and its members might be the early adopters of the completely new concept of creation, organization, and validation of online content. Everyone can use it without many difficulties, and It looks like that won't change with the introduction of SMT. We are witnessing the great things in this community every day – many initiatives tend to improve the quality of life in different communities, and that is only the top of the iceberg. But when everything explodes and many others come, what will shape the future of the new web? There is no doubt it will be the common users. 

*My name is Legion, for we are many*

https://media.giphy.com/media/xT9KVHs6I3EfDKnVte/giphy.gif

Ok, maybe this quote is a little too much, but money component will posses many turning them into the spamming demons. That’s ok because similar people are everywhere. There are greater decisions in the game, and we all will shape them together. If the decentralized web concept where every person can be recognized and rewarded for its activities don’t sound utopian, then I don’t know what does. One place for everything and justice for all! 
But when we say anything,  that s literary anything. From greed to good deeds.

So many small and not so small decisions can turn utopia into dystopia. As I can imagine bright decentralized future based on independent content, SF creator in me whispers about dark days in which our lives will be evaluated on the quality of content we produce and submit to the global network. I know that day is not even close from now (nor I have real arguments for this – but its January remember?)  :-)

But let's pretend for the moment that it could be possible. In order to prevent that, every person in this community will play a critical role. Freedom also means a great responsibility, and if we think about changing the things for the greater good we will have to change ourselves and the way we approach the content today. From minnow to the whales, and not only here. 

On the other hand, we can just relax and enjoy the ride. What happens in future, stays in future. 

And from tomorrow, I will stick to the writing and urban planning  :-)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 3 others
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vote details (67)
@minnowsupport ·
<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by hidden84 from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

<p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS">50SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS">100SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS">250SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS">500SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS">1000SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS">5000SP</a>.  <strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>
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@stealthgoat ·
@hidden84 payed 1.0 SBD to @minnowbooster to buy a stealth upvote.<br><br><a href="https://steemd.com/tx/3cc2b7eaed8ac27be7c6d99ab02637728079131a">transaction-id 3cc2b7eaed8ac27be7c6d99ab02637728079131a</a><br><br><img src="https://steemitimages.com/DQmTXdfMSPGNzsdQRoPAUAm8Xc9gDDM47QfiBLsJAck4iA4/goat-2153622_640.jpg"><br><br>@stealthgoat
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@yumita ·
Interesante información.Saludos @hidden84
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@hidden84 ·
Thank you, I am glad you found it interesting...:-)
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@official-hord ·
Great work man, I'm happy you're inviting people to steemit it's a good one. I hope his magazine works out well and I'm quite interested in seeing him here.
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@hidden84 ·
Thank you! Well, about the magazine - they have online edition, and I am not so sure (on the second thought) could the print edition be a good way. But imagine what Steem Media Token can do for their online magazine :-)
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@official-hord ·
It's gonna be awesome, they'd be among whales in split seconds. Will actually join them :p
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@rebecca80 ·
man this photo scare me
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@hidden84 ·
Haha...The Exorcist is evergreen scare :-)
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@ebargains ·
Thanks for sharing info on Steemit with friends and colleagues @hidden84. This is indeed a very versatile platform that is blossoming into being a great new innovation for humanity.
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@hidden84 ·
I hope that we will see its impact in the next few years :-)
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@jiffythekid ·
$0.10
Its really hard to tell what Steemit will be like in the future. If someone likes the platform, I think they have a responsibility to help curate as much as possible as well as attract quality talent. Keep it up!
👍  
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vote details (1)
@hidden84 ·
Exactly! You have an good blog BTW, i will follow!
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@faizii ·
This year steemit will go on top and its future is looking very great.
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@younesss ·
US Tax Considerations – Cryptocurrency Tax Workshop for Novices (Courtesy of the Rocky Mountain Steemit Accelerator)
lpfaust (66) dans steemit •  hier
Income Tax Header_MH.png


According to Coindance Historical Market Caps, the market capitalization of the cryptocurrency marketplace grew from $15,470,000,000 in Calendar Year 2016 to $235,716,000,000 in 2017. In a single year, the market cap grew just over 14x, rewarding investors and speculators in the cryptocurrency market with spectacular returns. Unfortunately, this has not escaped notice by Congress or the Internal Revenue Service.

In September 2016, the Treasury Inspector General for Tax Administration (TIGTA) released a scathing report showing the Internal Revenue Service failed to collect nearly $9 billion in backup withholding tax in Fiscal Tax Year 2013.

In a follow-up report released September 2016, TIGTA audited the IRS strategy and enforcement actions focused on illegal activities and income tax avoidance through virtual currency transactions and provided some recommendations to the IRS to improve collections and enforcement in this area. As a consequence of this follow up report, in November 2016 the Internal Revenue Service served Coinbase a "John Doe" Summons, effectively demanding the identities of all US persons who conducted transactions between January 1, 2013, and December 31, 2015. While Coinbase fought this action in the US District Court, in the end, Coinbase lost its bid against the IRS to prevent the “John Doe” summons, but did manage to limit the scope of the demand.

What remains clear is additional scrutiny from the Internal Revenue Service will be applied to any who participate in the cryptocurrency economy moving forward.

Topics Which Will Be Covered
Law Books_MH.jpg


The focus of this workshop will be for the novice investor and Steemit blogger who is looking to understand what their potential tax obligations and reporting requirements (at a very basic level) are under US Tax law. This workshop will not be state specific, but rather focus on the Federal Tax obligations on a broad level. Some of the topics which will be covered during this one hour workshop will be:

I earned some STEEM and SBD rewards from my post. Do I have to pay tax on any earnings?
I traded some crypto for fiat. Do I have any to pay tax and if so how do I calculate it?
I decided to trade some STEEM for another crypto. Do I have to pay any tax or report anything?
How can I reduce the amount of tax I have to pay trading cryptocurrencies?
…and more.
When and Where the Workshop Will Take Place
Ticket Show_MH.png


The Cryptocurrencies Tax Work Shop for Novices will take place on Wednesday, January 24 from 7:00 PM – 8:00 PM (MST) at The Parker Library (LOFT Room). This workshop is free, but the room has a 12 person capacity, so I would ask any who wish to attend in person to please RSVP. Please, Direct Message me on Discord at lpfaust#8848 to reserve your space. It will be first come, first served.

For those who will be unable to attend (or those in states outside Colorado), I will be broadcasting the workshop over the Rocky Mountain Steemit Discord Channel. Please RSVP for that as well in the event the number of people interested exceeds the server capacity (for video), and alternative arrangements must be made for the broadcast. Please, Direct Message me on Discord at lpfaust#8848 to reserve.

I would encourage everyone to check out the Rocky Mountain Steemit Discord channel when you have a free moment. It’s one of the most active and regular Steemit Meetups, and members have been actively supporting and helping to grow sister organizations in the US.

If you find yourself traveling to the Denver or Colorado Springs region soon and would like to join an upcoming Meetup, we’d love to have you.

If You Enjoyed This Edition of US Tax Considerations, Check Out Some Previous Editions
US Tax Considerations – Crypto to Crypto Trades: Trading Bitcoin and Altcoins
US Tax Considerations- Blogging on Steemit: Business or Hobby? How the IRS Determines It
US Tax Considerations- Cryptocurrencies Held in Foreign Exchanges
PROMOUVOIR
steemit cryptocurrencies trading tax rockymountainsteemit
hier par lpfaust (66)$98.95
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cryptotax (50)  ·  hier
This is a great thing that you are doing. I will try to attend the video feed for the seminar.

If I can make one suggestion - The main stream media and crypto influencers recently have been reporting that crypto for crypto trades starting in 2018 will not be subject to the "new" like kind exchange rules. But I think something is being overlooked which is the inherent risk in claiming like kind exchange treatment in any tax year, even pre tax reform. As almost every new coin's dev team wants us to beleive their coin is different and unique (possibly tainting the character of like kindness); and SEC will treat some ICO tokens as securities (automatic taint).

This pre-2018 risk is sometimes mentioned as an afterthought in media articles that discuss the tax reform change to 1031, but watching so many of the crypto influencer videos report it, I have seen this risk not mentioned. In my view, this could unintentionally leave an incorrect impression to a not-so-tax-savvy person that he/she won't need to worry about being taxed on 2017 crypto for crypto transactions if he/she didn't cash out (before 2018). And I wonder if people realize that valid like kind exchanges are required to be reported to the IRS as a condition in validating such treatment; so these need to be tracked either way.

Look forward to hopefully viewing your seminar.
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root_title"Utopia or Dystopia – Just the usual holiday dilemma :-)"
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