Dogecoin community backs Elon Musk in bashing the US government

Dogecoin community backs Elon Musk in bashing the US government
фото показано с : invezz.com

2021-12-21 20:53

Tesla’s stock has been on a decline after the US government demanded the company to pay $11 in taxes in 2021. While the US government was not happy with getting the massive amount of money from the company, the crypto community was quick to reciprocate the support it got from the American businessman.

According to the crypto community, the US government is overexerting its power considering Elon Musk, who is the CEO of Tesla and Space, paid $11 billion in taxes this year. The Dogecoin developer claimed that the US government has a negative attitude towards the entrepreneur who paid the largest amount of fees in the history of the country.

trash government: “pay your share”

elon: “ok here is literally more than anyone has ever paid in history”

trash government: “wow what a freeloader, now please everyone in the USA give us more money and we will print 2.5 trillion more from thin air”

— Shibetoshi Nakamoto (@BillyM2k) December 20, 2021

For instance, Senator Elizabeth Warren claimed Musk is a freeloader, adding that he should start paying taxes. Senator Warren went to the extent of suggesting a change to the tax code. However, Musk made a comeback, claiming that the US government should focus on the fact that he would pay more taxes than any American in 2021.

To express the stress that comes with paying taxes, Musk pointed out that he would be paying more taxes than any American in 2021. He also added that the US government should not spend the amount he pays at once.

Doge community reciprocates Musk’s support

This news comes after Musk fought for the DOGE community on multiple instances. For instance, Musk vowed to work with DOGE developers to help improve the network. On top of this, Musk announced that Tesla would accept Dogecoin (DOGE/USD) as payment for specific merchandise.

He claimed that DOGE would be the best crypto for payment if its developers can increase its Blocksize and block time tenfold and decreases its fee 100X. He also promised to work with DOGE developers to help improve the project.

The post Dogecoin community backs Elon Musk in bashing the US government appeared first on Invezz.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1615 (-100%)

government community company massive amount happy getting

government community → Результатов: 126


Фото:

Cardano’s (ADA) Charles Hoskinson Announces Key Updates 

Charles Hoskinson, the CEO of Input Output HK (IOHK) and co-founder of the Cardano (ADA) blockchain project, has revealed that the next few months will be quite exciting for the community as numerous updates on the project’s roadmap will take place,  including the Byron reboot, partnership deal with the Tanzanian government, and more, according toRead MoreRead More.

2020-2-26 00:00


India: Cryptocurrencies are not prohibited in India, says MoS for Finance and Corporate Affairs

The Indian cryptoverse lacks clarity on the government’s take on cryptocurrencies, after another alleged draft of the cryptocurrency bill circulated on social media. However, the community remained in good spirits and finally, found some relief after the Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur, responded to a few questions in Parliament.

2019-7-19 18:45


Indian Crypto Draft Bill Leaks as Proposals of Complete Ban Saddens Crypto Community

The much anticipated and prolonged draft bill for cryptocurrency in India got leaked in full. The bill proposes a complete blanket ban on the use of cryptocurrency in any form. This has really saddened the crypto community back in India who were expecting and hoping for a progressive call from the central government, especially after […]

2019-7-16 19:15


Cryptocurrency Regulation Petition Started in India by Bitcoin Community to Accelerate Changes

It is fairly well known that the crypto community in India has suffered a number of setbacks due to various government regulations that have stalled the industry and forced several companies to leave the country or wind-up operations due to the harshness of the regulatory climate. Some details of a new bill called the “Banning […]

2019-6-17 16:53


Cardano (ADA) Partners Georgia To Improve Country’s Educational System Using Blockchain

Members of the Cardano community woke up to the good news of the team’s latest partnership. As announced by Charles Hoskinson, the projects’ founder on Twitter today June 17 2019 that the team had come into an agreement with the government of Georgia, singing a Memorandum of understanding which marks the beginning of a long […] The post Cardano (ADA) Partners Georgia To Improve Country’s Educational System Using Blockchain appeared first on ZyCrypto.

2019-6-17 16:37


Indian Government Comes With A 12-Week Interactive Crypto & Blockchain Course

Indian crypto community has been in a dilemma over the passive approach of the government towards cryptocurrencies, and if going by the local media houses, the finance ministry is planning to propose a law which would ask for a 10-year jail term for those who are dealing with cryptocurrencies, be it trading or holding. However, […]

2019-6-13 20:55


Фото:

‘Crypto-Twitter’ is explaining Bitcoin in 280 characters or less

Self-professed cypherpunk Jameson Lopp has set the cryptocurrency community a seemingly impossible task: efficiently explain Bitcoin in less than 280 characters. A global, neutral payment network that allows anyone on earth to transact a huge or tiny amount of value with anyone else within minutes, without needing to ask permission from a government, without disclosing one’s personal information, and without the possibility of censorship.

2019-6-3 14:33


Facite ICO

Blockchain Business Model In Kazakhstan The main goal of the Facite investment project is to develop the financial and economic environment in Kazakhstan using blockchain technology. The Facite Foundation built and operates a mining center in Pavlodar, Kazakhstan based on geographical conditions, government policies, and electricity schemes for the mining industry.

2019-5-16 06:03


India’s Crypto saga: Prominent advocate explains how to own crypto legally in the country

The Indian crypto community rejoiced when the Supreme Court made a move to understand and regulate crypto. However, the quickness of the hearing’s adjournment shocked the community. A month since the hearing, there are rumors that the government is planning a complete ban on cryptocurrencies under the Prevention of Money Laundering Act, which has left […] The post India’s Crypto saga: Prominent advocate explains how to own crypto legally in the country appeared first on AMBCrypto.

2019-5-2 16:30


Petro and Venezuela: The arrival of United States and the South American country’s crumbling economy

This is Part 2 of our article on Petro and Venezuela. As discussed in Part 1 of the article, the launch of Petro in Venezuela created a massive wave of apprehension among the world community, with many leaders condemning the Nicolas Maduro government for launching a cryptocurrency over focusing on improving the country’s failing economy.

2019-3-31 16:31