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NYC Mayor to Get First Paycheck in Crypto

 
Anonymous Coward
User ID: 81848527
United States
01/20/2022 10:32 PM
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Re: NYC Mayor to Get First Paycheck in Crypto
For those in the U.S…. Don’t forget to pay income taxes on crypto. Receiving a payment of crypto or even a gift is taxed by the IRS and is very traceable. It’s like getting taxed on a pay check from work so you have to report it to the IRS. And then it is taxed again with a capital gain or loss after selling it or trading it for a different crypto currency. Even buying a Starbucks cofvefe using crypto is considered a taxable event because it has an exchange of USD value to it.
Anonymous Coward
User ID: 80725589
Japan
01/20/2022 10:33 PM
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Re: NYC Mayor to Get First Paycheck in Crypto
The Big Apple is going crypto.

New York City Mayor Eric Adams said Thursday that his first paycheck will be automatically converted into cryptocurrency.

[link to www.msn.com (secure)]
 Quoting: nutmeg


nope.

Your thread title is as disingenuous as you are.
nutmeg  (OP)

User ID: 76388104
United States
01/20/2022 10:46 PM

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Re: NYC Mayor to Get First Paycheck in Crypto
That mayor is a POS liberal black racist
 Quoting: Anonymous Coward 80774426


I was wondering if all NYC employees have that option?

About their paycheck

Or course everyone is entitled to be a liberal, racist and or a POS
 Quoting: ondrunn


NYC Mayor Eric Adams had to get a little creative in order to honor his promise to receive his first three paychecks that way.

He said, ""New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations."
[link to www.nbcnewyork.com (secure)]

1:26 PM · Nov 4, 2021·Twitter for iPhone
In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!

Last Edited by nutmeg on 01/20/2022 10:49 PM
Anonymous Coward
User ID: 79058541
United States
01/20/2022 11:18 PM
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Re: NYC Mayor to Get First Paycheck in Crypto
Interesting.

I have crypto, but I have someone else managing my account. I have no idea how to do it. I always take a chance. Nothing to lose except a few thousand. Doesn't affect my comfort.
 Quoting: nutmeg


Mycelium on android is great. It is as easy as scanning a QR code to send money.
Anonymous Coward
User ID: 77332576
United States
01/20/2022 11:37 PM
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Re: NYC Mayor to Get First Paycheck in Crypto
lol if he got paid yesterday he’s probably already lost more than 10% just today.
Anonymous Coward
User ID: 80608675
Canada
01/20/2022 11:56 PM
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Re: NYC Mayor to Get First Paycheck in Crypto
The Big Apple is going crypto.

New York City Mayor Eric Adams said Thursday that his first paycheck will be automatically converted into cryptocurrency.

[link to www.msn.com (secure)]
 Quoting: nutmeg


Why Ethereum?

You lose so much on gas fees doing anything with it. Unless he just wants to hold it purely as an investment.
SDResident

User ID: 81847207
United States
01/21/2022 12:15 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Great - The amount of his paycheck is rapidly decreasing.
SDResident
MISTER-BEE

User ID: 80287538
United States
01/21/2022 12:16 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
DIGITAL WALLET

NO MO CASH

NWO

TOTAL CONTROL

GAME OVA
Anonymous Coward
User ID: 81915364
United States
01/21/2022 12:21 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
It's his job to help usher in the digital cuyrrency is the norm.

Soon it will be the only way to get paid.

(unless you decide to use the barter system!)
 Quoting: Anonymous Coward 67075389


And then it's gone!
Anonymous Coward
User ID: 80429789
United States
01/21/2022 12:51 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Would be a crying shame were he to lose 50% of his paycheck in terms of USD within the first couple of days of getting it..

Terrible shame.
Peter Quill

User ID: 81055476
United States
01/21/2022 12:59 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
I don't think politicians get wealthy from paychecks.
Guardian
Anonymous Coward
User ID: 81894190
Canada
01/21/2022 02:13 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
lol his paycheck just lost 15% on payday.

idiot
Anonymous Coward
User ID: 79421162
United Kingdom
01/21/2022 02:34 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
This piece of shit mayor needs to be executed. He's just another NWO PIECE OF SHIT.
Anonymous Coward
User ID: 80962621
United States
01/21/2022 02:57 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
This piece of shit mayor needs to be executed. He's just another NWO PIECE OF SHIT.
 Quoting: Anonymous Coward 79421162


He’s been mayor for 20 days. What heinous crime has he committed that deserves execution?

1dunno1
Anonymous Coward
User ID: 81234025
United Kingdom
01/21/2022 04:31 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Spend it in dark web ;)
Anonymous Coward
User ID: 77483950
United States
01/21/2022 05:02 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Interesting.

I have crypto, but I have someone else managing my account. I have no idea how to do it. I always take a chance. Nothing to lose except a few thousand. Doesn't affect my comfort.
 Quoting: nutmeg



Download the Safemoon wallet on Android or Apple.

Or visit safemoon.net to get started.



SAFEMOON is currently the fastest growing cryptocurrency out. Less than 1 year old. Great time to get a good position while Bitcoin prices are down.
Anonymous Coward
User ID: 80437961
Canada
01/21/2022 05:03 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
For all those Crypto deniers, get in now or cry later.

Buy RBIF.
Daniel of the Rose

User ID: 79067217
United States
01/21/2022 05:40 AM

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Re: NYC Mayor to Get First Paycheck in Crypto
The Big Apple is going crypto.

New York City Mayor Eric Adams said Thursday that his first paycheck will be automatically converted into cryptocurrency.

[link to www.msn.com (secure)]
 Quoting: nutmeg


Oh that Opaque guy...with Chiclets for teeth


race bait leader
rainrosefaithtrue
Anonymous Coward
User ID: 80499447
France
01/21/2022 05:49 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
For those in the U.S…. Don’t forget to pay income taxes on crypto. Receiving a payment of crypto or even a gift is taxed by the IRS and is very traceable. It’s like getting taxed on a pay check from work so you have to report it to the IRS. And then it is taxed again with a capital gain or loss after selling it or trading it for a different crypto currency. Even buying a Starbucks cofvefe using crypto is considered a taxable event because it has an exchange of USD value to it.
 Quoting: Anonymous Coward 81848527


Correct. But losses are not taxable. If you put in and took a loss or traded for another coin and took a loss. Nothing is owed.

If you bought $20 in Bitcoin on Coinbase and withdrew $13 a week later, its a loss. Not everyone made $$. I know some that lost constantly.
Anonymous Coward
User ID: 81069346
01/21/2022 05:52 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Ever think the logo was an owl wearing a mask?
Anonymous Coward
User ID: 78350710
United States
01/21/2022 05:53 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Interesting.

I have crypto, but I have someone else managing my account. I have no idea how to do it. I always take a chance. Nothing to lose except a few thousand. Doesn't affect my comfort.
 Quoting: nutmeg


My advice:

Where your total investment is 100%:

-25% on unconnected devices
-25% in cold wallet
-25% on paper
-Remaining 25% on two different exchanges.

I estimate it would take you roughly 5hrs to learn it properly if not tech savvy. Good saturday project.

This is not something that you should have anyone else do for you.

Caveat emptor.
 Quoting: Jungleboogie


Lol on paper is a cold wallet dumbass
Anonymous Coward
User ID: 79812842
United States
01/21/2022 06:08 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
not surprising since bitcoin/blockchain was made by DARPA to usher in fedcoin/digital ids/metaverse, not created by a mysterious japanese man that nobody knows with the intent to save the poor people.
Anonymous Coward
User ID: 81803507
Ireland
01/21/2022 06:19 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Shows you they want crypto money normalised.

Average people taking part in it, do not appreciate that electronic crypto world currency would be an end to any real freedoms humans have.

You can see russia has banned crypto currency, as they know, its being pushed by west as a world currency.

If that day comes, a world crypto currency would essentially end all your freedoms.

As without money, and them controlling what you have, they can order you to do anything essentially and you can be sure there will be no one helping you, as they will be too afraid.

The future if there is one, would be a totally isolated world for people who dare to be different.

My advice is try and with hold against crypto as long as you can, as once a world crypto currency comes, it will be an end of any of your freedoms.
Anonymous Coward
User ID: 78929023
United States
01/21/2022 07:00 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Supervolcano Toba, Indonesia ca. 74,000 BC, Sumatra Island, Indonesia. The greatest volcanic eruption about which we know quite a lot:

[link to Spam.medium.com (secure)]

hf
vAv

User ID: 81888375
Hungary
01/21/2022 07:38 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Fuck these globalist scum! Crypto is just another of their tools!
vAv
The Årtist

User ID: 80158099
United States
01/21/2022 07:58 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
The Big Apple is going crypto.

New York City Mayor Eric Adams said Thursday that his first paycheck will be automatically converted into cryptocurrency.

[link to www.msn.com (secure)]
 Quoting: nutmeg


LOL
Crypto
Won’t ever happen
 Quoting: Anonymous Coward 81048113


No one will drive cars, they're too expensive and there are no roads.

Personal computers will never happen because they're too big and too expensive for normal people

The iPhone is nice gadget, but no one will ever spend $650 on a phone. The iPhone will never achieve any meaningful marketshare. - Steve Balmer CEO Microsoft

The internet is a novelty - Steve Jobs

The internet will have as much impact on the economy as the fax machine - Paul Krugman (New York Times Economist)


The moral of those quotes are the "won't ever happen" crowd is almost always wrong.
RAGE
hwy_ho

User ID: 78469438
Canada
01/21/2022 08:17 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Country’s are stopping the use of crypto

Looking more and more like treasury / central banks are teaming up to introduce government sanctioned digital dollars

I’ll be going with the what I call the T triple d Tddd Treasury department digital dollars

Bring on the Tddd
Baghodler Bob
User ID: 68423922
Canada
01/21/2022 08:26 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
lol if he got paid yesterday he’s probably already lost more than 10% just today.
 Quoting: Anonymous Coward 77332576



But it's digital gold! A store of value!
calamity john

User ID: 78810024
01/21/2022 08:56 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
Now you know crypto is not a positive thing
 Quoting: Anonymous Coward 81532924


This guy gets it
i have looked into the abyss and see the abyss staring back at me.
Anonymous Coward
User ID: 68357957
Canada
01/21/2022 09:57 AM
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Re: NYC Mayor to Get First Paycheck in Crypto
This piece of shit mayor needs to be executed. He's just another NWO PIECE OF SHIT.
 Quoting: Anonymous Coward 79421162


He’s been mayor for 20 days. What heinous crime has he committed that deserves execution?

1dunno1
 Quoting: Anonymous Coward 80962621


I thought he was going to be good too since he is into crypto and he's plant based, so he's not contributing to killing animals.
But he is continuing the bullshit mandates and segregation of society.





GLP