My recent interview with Joe Consorti (Head of Growth at Theya and Institutional Lead at nostr:npub17yrkx9wexckpnjklhnd96h4gvqljums6hrlvlqujmheu9tn669ts9xplct ) just dropped.
Enjoy! 🍻
Discussion
I am a bit more cautious regarding price action this year. If we pass the 150k that would be good, everything above 200k an awesome result
Makes me chuckle when people say they bought the Ripple Bitcoin or Doge Bitcoin. I then ask, often to myself,
So, are you also buying the Turkish Lira, Lebanese Pound, Venezuelan Bolivar or even the Russian Rubble with your US Dollar??
My aunt said almost exactly this. She’s 80 and she asked me about Trumps bitcoin. 🤦♂️
Great interview with the appreciated perspectives!
* sees a nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l podcast get released.
* sighs as he realises he'll be neglecting time with his kids at the park later as he tries to surreptitiously listen to it.
I always enjoy your insight, Jeff. Looking forward to listening to this episode.
🤝
GM!
Enjoyed the entire way through.
I'd like more people rooting for lifting cap gains from btc 💪
🤝
Absolutely. That would be preferred to a strategic reserve imho.
HODL til legal tender
Hodl till no capital gains. Legal Tender not required or desired..
Only matters if you sell :)
Buy borrow die
That is the step after this one
But speak for yourself friend, personally I plan to live forever
It might happen, blackrock, the gubbmints, and retail will be desperate for the holders to sell.
What would be the incentive that would prompt the US to lift capital gains tax for bitcoin?
What is the line of thinking that would explain that action?
MAGA? Boosts spending, economy & makes USA bitcoin capitol of world as Trump says he wants. Pairs well with a strategic reserve as it will help BTC value and pump USA bags. USA has the most BTC. Also probably helps the dollar since that is what most people would sell BTC for. All around win-win-win.
So the idea is that cap gains tax inhibits economic flow and vitality.
Remove tax and get more economic activity, which is better than less.
But doesn’t this just increase sell pressure? Keep the cap gains tax as high as you want for the next 10 years.. not planning for on selling anytime soon anyway
The selling impulse unleashed by capital gains reduction is a good point.
If cap gains are held constant then price increase remains the main driver of coin redistribution.
Eliminate cap gains on BTC or BTC goes up by 20%?
Which would you favor and why?
Aha so THAT is where Joe went.