No tax on bitcoin. Period.
The amount of young people just trying to get by in the United States who have bought bitcoin are not these multi-millionaire and billionaire VCs
They deserve a chance at prosperity and the American dream, saving for their family while working their asses off.
While I absolutely agree with you, the public zeitgeist will never approve this since all they WILL see are all the rich assholes that have just jumped onboard with large positions. Buying their way into this ecosystem.
I don't know what the solution would be...
More ways to leverage BTC need to be developed. Then taxes won’t be an issue🤷🏽
Are they planning to tax purchases?
How about this. No taxes on Bitcoin, but start taxing Treasury and Municipal Bonds, Bills and Notes.
Teach them what real money is, the hard way.
