Altcoins News
By Steven Anderson
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Bitrue is now supporting community stakepools for Cardano ADA, with an initial 1,000,000 ADA delegation to the lovelacepool1 stake pool.
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The community felt that this is a true testament to the quality of single pool operators in Cardano which can support institutions that aim to support the grassroots community…
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Several members approve that this is an excellent move by the exchanges moving forward with staking helping the Cardano Community.
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For clarity, Bitrue is the exchange that provides digital asset management platform for Bitcoin, Ethereum, XRP and more. Investments, loans and trades all happen in one place.
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The questions answered by the Cardano Community: Why is Bitrue Official staking with lovelacepool1?
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Are you open to staking with other Pools going forward? In the future, we're open to expanding into other Pools - more information to come in the future.
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Jeremy Firster stated that this milestone shouldn’t be underestimated. He pointed to how BitrueOfficial is a shining example of how exchanges can support the Cardano Ecosystem.
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Charles Hoskinson expressed, “Do you guys understand what unrealized gains actually mean? No, the wealth tax people never have nor ever will.”
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This Charles Hoskinson stated in response to the Secrete IRS Files: ProPublica has obtained IRS data on thousands of America’s wealthiest people, providing an unprecedented…
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The current highest tax rate in America is 37% for couples with combined income above $628,300, but our analysis shows how the ultrarich effectively sidestep this system.
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Rather, these IRS records show the wealthiest can—perfectly legally—pay income taxes that are only a tiny fraction of the hundreds of millions, if not billions, their fortunes…
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The records show not just the income and taxes paid by these multibillionaires, but also their investments, stock trades, gambling winnings and even the results of audits.
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For example, in 2007 Amazon founder Jeff Bezos paid $0 in federal income tax, even as his company's stock price doubled, increasing his wealth by an estimated $3.8 billion.
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What's revealed demolishes the cornerstone myth of the American tax system: That everyone pays their fair share & the richest pay the most.
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