Search This Blog

Translate

Featured Post

Cryptocurrency, stocks down but the Lord speaks: Name Number

Friday, December 6, 2024

US Gov moves 54 billion SHIB to wallet

Oh great another term, haha, what the heck was a wallet? Was it a good sign that the government owns SHIB even? I have no clue and it doesn't say for how long the government owned it. So today will be a bit of a study day for me finding out about wallets, if you need one even. I did read the news at a few places this just one Meme Coins in the Crosshairs: US Government Moves 54 Billion SHIB.

I also need to do some investigation as to what is done regarding paying taxes on a sale, for that matter how to even sell it hahaha. Regarding taxes this just so far one site I looked at Is Transferring Crypto Between Wallets Taxable? (2024 IRS Rules). So today will be more a bit of a study day. I am getting the impression it is no different than how our regular stocks over the years has been done but need to dig a bit deeper to see. We at least found out the government does own cryptocurrency which I had no idea of.