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The challenge is that you pay capital gains when BTC is converted to Fiat or to pay bills. Also Taxes are complicated if you import BTC to strike from another exchange if you’ve been DCA’ing

jack mallers 1y ago

if you are paying taxes that means you made money. it’s far better to pay taxes on a capital gain than not have made anything at all

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Discussion

Jon 1y ago

Why do people let the tax tail wag the dog so much 🤦‍♀️

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

taxation is theft

it is better to leave such a jurisdiction as has capital gains

taxes are like smoking cigarettes, less is better, none is best

crimsonleaf363 1y ago

Pin this.