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RE: Does anyone here have a clue how TO PAY TAXES FROM EARNINGS on STEEMIT?

in #steemit7 years ago

What earnings on Steemit? I think unless you invest a shitload in here and really work it correctly, you never make shit here and even then you're not making money or "earnings". Yeah, there's the illusion of making money when you use bot votes, but you are lucky if you break even with that. Plus, whatever one may accumulate in here, if it's in SP, it can take 4 months to a year to ever get out into something else that someone may wish to call taxable "earnings" and by then it may have collapsed into the negative territory as it seems to be now. Steemit is a catch 22 ponzi scheme. If you want to really make something and get real visibility with more integrity, you have to go to Minds.

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Hi @positivesynergy

Dont you think that some bot owners (like Jerry) are making huge amount of money? Or haejin ?

Most people make nothing, but there are very few that earn huge rewards and Im just wondering - should they pay taxes from earned sbd on steemit?

thx for this link. Im planning to try minds sometime this month.

ps. can you try to send me email instead? I would love to see if I will receive it. It's sad that I cant reach you neither via skype or email any more.

I guess that's really a question they and the whales probably need to worry about. Those of us who are minnows and plankton are lucky if we find a barnacle or two to nibble on... LOL

I did notice a @taxman liking my post about the Whale Wars and judging by the one
post he/she did on this very subject, I'd guess there are many here with their eyes on the whales, especially the bad ones like the one who nuked me like he did, which along with all the ponzi scheme aspects and issues of Steemit not being fixed, are why I just don't give a shit about Steemit anymore.

haha yeah, we're lucky we're to small to bring any attention :)