A bit of a pain in the ass to track that many transactions for cost basis when you need to pay any tax
Discussion
What taxes? I'm never going to pay any taxes on this. IDGAF about cost basis or capital gains or federal income taxes. The IRS can sit and spin. They can't touch my main stack. I'm not filling federal tax returns ever again. I'm done playing that game. I will adjust my withholdings so that I am not paying federal income taxes and will, instead, stack sats with that.
I'm not the only one doing this. With the IRS under seige, I welcome them trying to collect fiat money through the fiat money system. I will survive even if it isn't convenient. I'm through with the lies and deceit.
Same. I dont care about any cost bases or any of that shit. Catch if you can like the gingerbread man.
Are you familiar with peymon mottahedeh?
I've heard the phrase but can't place it.
I support the spirit in this
🫡