How are handling the tax issue?
Two ways to express power: voice and exit. When voice is no longer sufficient, you have one option: exit.
For the first time in human history, we have an alternative financial system fixed in supply, accessible to all, and controlled by no one.
Exit fiat. Long live #Bitcoin
This is our first Mailbag Monday episode. Every Monday we shoot the shit and answer the questions you send in. This week we talked about not owning dollars anymore, the #Bitcoin ETF, Epstein's Banker, ETH isn't money
Also, incredibly important that everyone on the internet ignores my hat hair.
Hard to fathom Dylan let me record a podcast with winter hat hair like this. Cruel. Not what friends do.
Appreciate your cooperation and having my back here, internet.
https://v.nostr.build/PBL8.mp4
YouTube: https://www.youtube.com/watch?v=BdZZ7780b-w
Apple: https://podcasts.apple.com/us/podcast/money-matters-with-jack-mallers/id1695949365
Spotify: https://open.spotify.com/episode/5BmPNh1DDWSfnG2S1EcGMW
Discussion
he explains in the episode that he simply will pay capital gains
Since he owns strike, I think that is doable. For wage earners it becomes more complicated and can have negative tax consequences. It should definitely be strategized, but that isn’t a deal killer. I think if I can project forward and be comfortable that my net sats position will be improving year over year and I won’t be getting eaten alive with taxes, then it becomes more likely that I’ll do it. As-is, I’m just trying to sweep as much excess cash as possible into bitcoin.