New Biden IRS rules that banks must report ALL deposits and withdrawals
(www.dailymail.co.uk)
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Oh I get it. When he announces mandatory vax and we all are fired and create a parallel economy selling or trading goods to keep ourselves alive he will want to be tracking our money so he can get some. /s/
I would think this would accelerate crypto adoption.
Maybe that is what it is to target? To see who is moving their wallet? I actually don't know cause anything they do is seemingly not based in logic and as a logical thinking I honestly can't follow.