Any big news from the Bitcoin conference this year or mostly just stuff we already knew?
I've seen a few clips of speakers using the word crypto more times than I'm comfortable hearing it and that's about it.
Discussion
Seems like stuff we know so far. Kinda cool hearing the “no taxes on deminimus amounts of Bitcoin being spent under $600” sounds really nice and would further increase adoption significantly, imho. I would be a lot more willing to spend some if I didn’t have to worry about a taxable event for every transaction I make.
And I agree on the “crypto” and “stable coin” talk. It’s ridiculous. BITCOIN 2025, not CRAPTO 2025.
That is good news in relation to taxation, I'm in the same boat because when I spend my Bitcoin I understand I'm actually paying more than the listed price of SATs because I've then got to pay capital gains on top of that for "selling" the Bitcoin.
Baby steps I suppose.
Its a shame we haven't had any insanely progressive announcements this year though.
One thing that may help with cap gains is using HIFO or LIFO paired with a DCA strategy. That way the taxes will be very minimal since they will be the highest priced sats you have.
If you are putting more into Bitcoin continually still and your most recent amount converted can cover your expenses as quickly as you can replenish them, you shouldn’t ever pay large cap gains on your very long term holdings because you will be cashing out the highest cost sats or most recently acquired sats, first.
I’m not a professional. This is not financial advice. It is theory from a random on the internet. 🤷♂️
Its a good tip which I do already but I havent actually seen it, mentioned before in mainstream Bitcoin society.
Underrated.
I’m also kind of sad Elizabeth Stark didn’t get double the time, Uncle Rockstar should have been a speaker, Mallers is hopefully up tomorrow, more of Satoshi, erm, I mean nostr:nprofile1qqsqyredyxhqn0e4ln0mvh0v79rchpr0taeg4vcvt64te4kssx5pc0spzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7spr3mhxue69uhkummnw3ez6un9d3shjtnhd3m8xtnnwpskxegx06yk5 Adam Back. 😉 Just OGs. Andreas Antonopolous on stage again, preaching the good word would probably make me cream my boxers. Jack Dorsey should be speaking. I’m just sad. It’s all “WuTs yOuR cReDiT sCoRe?!” bros now. Buncha fiat-bloated pigs. 😞
The price of gaining popularity 🫠🥲