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The IRS Is Coming for Your Bitcoin Profits! - Pete Santilli Live With Chris Kitze

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The IRS Is Coming For Your Bitcoin Profits!

Pete Santilli LIVE With Chris Kitze  Episode #1143 – The Pete Santilli Show – Thursday – November 30, 2017

By Pete Santilli, The Pete Santilli Show

 

The Pete Santilli Show is a widely distributed social media broadcast that is hosted by Pete Santilli and Deb Jordan. The show has made groundbreaking strides in the field by outperforming Mainstream Media with the flow of information during breaking national news. The show can be seen Sunday thru Friday beginning @ 7:00 PM EST.

 

TONIGHT ON THE PETE SANTILLI SHOW

Have you been noticing the rise in worth of Bit-Coin and wondered what that’s all about?  World renowned entrepreneur Chris Kitze joins Pete to discuss the new currency frontier of creating wealth through crypto-currency.

Bitcoin’s meteoric rise over the past year has people asking exactly what it is and if they should invest.  Chris Kitze believes crypto-currency is the wave of the future in digital banking and together he and Pete discuss the upside, pitfalls, and the importance of getting educated. 

 


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TONIGHT’S FEATURED GUEST Chris Kitze:

Chris Kitze calls himself a serial entrepreneur who has created companies with over $7 billion of market capitalization during a 25-year career.He was part of the Lycos’ IPO team, was founder and CEO of Xoom.com (IPO: 1998), and was CEO of NBCi, formed by the merger of Xoom.com and Snap.com, in addition to other companies in digital media and payments, such as Wine.com and Unseen. Currently, he is working on several very interesting blockchain related projects, and helping the Alphabit Fund. Chris says in a recent article he published on LinkedIn -

There is one guaranteed winner in the cryptocoin field and his hands are in everyone’s pockets. That winner is….the tax collector! Don’t think for one second that because you are using Bitcoin, that you are a ghost and no one knows who you are, what you have, or how much money you are making trading cryptocoins. 

https://www.linkedin.com/pulse/irs-coming-your-bitcoin-cryptocoin-profits-chris-kitze?articleId=6313874364160970752#comments-6313874364160970752&trk=prof-post 
       

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    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 11 comments
    • desertspeaks

      it will be interesting to watch the irs prove that a non existent coin is income..

    • David Gordon

      Until Bitcoin are exchanged for cash or gold they have no intrinsic value. Until then they are worth the air they are printed upon – no profit made, hence no income. At best they represent an uncleared investment like a currency trade or a professional gambler’s chips on the table. Designate the cost of Bitcoin as a business expense – then pay tax on the income when exchanged. If someone says otherwise – they are dead wrong.

    • Gus Fung

      Sure is a lot of foam padding in those shoulder pads.

      Looks like Chris forgot to remove the hanger before putting that jacket on.

    • Everette

      How can an entity that is not an American entity have so much power ??? Why have the people not risen up and demolished this agency ? And why does our government kiss their asses so ?

    • The Watcher

      TRUMP WILL FIRE THE IRS.

      • Everette

        I hope you are right !!!

    • beLIEve

      The FRAUD of RAT$child and the jooz ….POSING as “legitimate”…….EXTORTIONI$TS….aka…..IR$. :idea:

      extortionist
      a person who tries to obtain something through force or violence; a racketeer.
      “he is a blackmailer and an extortionist”
      synonyms: racketeer, extortioner, extorter, profiteer, exploiter, blackmailer, black marketeer; More

      *
      Why Can’t I Just Take Your Stuff? Let’s Be Consistent About This and Unite!

      /alternative/2017/11/why-cant-i-just-take-your-stuff-lets-be-consistent-about-this-and-unite-3577022.html

    • Mr. R. West

      Someone please post something not about Bitcoin!

    • OBSERVER

      Don’t worry they will only go after non elites, elites got untouched

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