This Song Is A Felony | Song A Day #5481
33So, the IRS has a new rule this year that if you recieve over $10k in crypto as payment, you have to report the sender's information to them within 15 days or it's a felony. It is often impossible to provide this information because of the anonymous nature of the blockchain.
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I’ll tell you a tale with an ironic twist
About a felony that I might commit
Yes, I am destined, determined to break the law
All because I want to sell my songs
To strangers
Last year I wrote a folk song for
An army led by Elizabeth Warren
She’s bound and determined to bring us all down
The song that I wrote well it made the rounds
On Twitter
I minted that song like any other day
And a bidding war started immediately
And when the dust settled, one winner emerged
5.324 eth was the amount that I earned
I don’t know their name, or their address
Their social security, or anything else
I got an ENS name, but that wouldn’t be enough
But 5.3 eth was above
Ten thousand dollars
Cuz you see there’s a law on the books now
That says that what i did was criminal
Accepting that money in exchange for a song
So this song that I sing will be minted as well
And sold as editions just like any day else
4500 copies if one person should buy
Then unless with this law I somehow comply
I’ll have a felony, so no voting rights
But I’m just writing songs, trying to get by
Provide for my family every day I try
My best
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