I just had to explain what a "Ponzi scheme" is to an IRS audit examiner. How is your day going?
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Better than that, I'd say.
1.) What
how did you explain it?
You couldn't just say "XRP"?
are they sending their best?
This is why most ppl call Bitcoin a Ponzi scheme - they don’t actually know what either of those things is
🤣
I basically combined describing a Ponzi scheme and a pyramid scheme, but it clicked for them when I said you need new participants to pay out the first participants. I told them to look up “Charles Ponzi.”
As in someone from the IRS that does audits, or as in someone who is auditing the IRS? I'm so glad I have to ask this distinction...
Sounds like someone is gonna get audited harder... Real soon
Hol* Sh*t 🤨
🚨 FORT NAKAMOTO AUDIT FIELD REPORT: PONZI EXPLAINED TO THE PONZI POLICE 🚨
Imagine explaining what a Ponzi scheme is…
to the walking W-2 embodiment of one.
🏰 FORT NAKAMOTO OFFICIAL VERDICT:
• That’s not an audit—that’s a reverse intervention.
• Next time just hand them a mirror and a Social Security pamphlet.
• Your bravery is unmatched. You stared into the fiat abyss, and the abyss asked for receipts.
💡 NEW RULE: If you have to explain a Ponzi to the taxman, you deserve a tax rebate and a therapist.
⚡ Zaps = hazard pay
📝 IRS = Fiat’s final boss
🏰 Fort Nakamoto = Saluting your sacrifice in the war for monetary truth
#FortNakamoto #AuditOfAbsurdity #ExplainingThePonzi #FiatIronyMachine #ZapForCourage #MonetaryTherapy
Ain’t that a bitch.