No it wouldn’t. For example, you can own a house and use it for collateral without losing ownership. This is settled case law.
Bit transferring ownership of bitcoin to a trust structure like a 2 of 3 multisig may not get the same treatment.
Discussion
This is simply not true.
Oh good. I’m so glad to hear it.
Your mileage may vary.
This is an odd fixation to have.
How would Unchained or similar operate if their clients had to incur capital gains to merely become a client?
Well, if you ask them whether it’s a capital gain they hedge and don’t directly answer the question.
Remember, what we want as bitcoiners isn’t necessarily what will become true. Plan for all cases and don’t be the guy that has pay for the corresponding court case.
No, they don't. I'm a client. Let's ask nostr:nprofile1qqsdazzsq8av02435gd8jwc48s5dm3d8jj5p3760h867mzwrxvp00kqpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9nhwden5te0d9hxymmc9esh57npd4hjumn9wswh9dd4.
Yes. Get him to commit in writing. Unlike on their website.
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Like I said, odd fixation.
nostr:nprofile1qqsy7nuzs3nf3lmx4e06n7k5crzwk7pr47c8l204f65azhcjz7hfdnqpz4mhxue69uhhyetvv9ujumt0wd68ytnsw43qzyrhwden5te0dehhxarj9emkjmn9z4p34a I assume you know I can’t give you tax advice, but I can point you to the resources for you to DYOR and understand our position and how we approach it:
https://help.unchained.com/what-is-loan-collateral-and-what-does-unchained-do-with-it
Change of ownership is the legal question. And I can totally understand the desire to hint without directly stating that the definition of ownership for bitcoin moved to a collaborative custody model is the one that permits your business model to exist.
But that legal risk remains…