Push Back to Silicon Valley. The Edge - Actions Have Consequences - podcast episode cover

Push Back to Silicon Valley. The Edge - Actions Have Consequences

Feb 10, 202122 min
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Episode description

Are you into cryptocurrency? Bitcoin made a major jump when Elon Musk invested $1.5 billion in the cryptocurrency. You can even purchase a Tesla with Bitcoin. Many people are making money with these jumps in Bitcoin value. At the same time, however, authorities are seeing the numbers. While six million people purchased cryptocurrency in a certain timeframe, the IRS had reported income from only a few of them. Less than one thousand taxpayers during that same time period reported these earnings on their tax return. Hear what the government is doing about it in language you can understand.  

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