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Rabbit Hole Recap #286: ONWARD

Rabbit Hole Recap

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Cryptocurrency Industry Individuals and Regulations

The speakers discuss various individuals and companies in the cryptocurrency industry and highlight the impact of Marad's failed confidence in the world. They also delve into the new US tax reporting rule that requires an IRS report for Bitcoin transactions worth $10,000 or more, expressing surprise and frustration. The chapter concludes with a discussion on complying with regulations, the erosion of financial privacy, and the potential consequences of failing to report transactions.

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