Replying to Avatar Jack Spirko

Why to stack reason number 8,743 just dropped.

By the way the US government says "Bitcoin is property, not money".

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MickBurke 11mo ago

Of course they say that bitcoin is property.. you pay capital gains on property (that you sell). US$s are NOT property so you can't take a tax loss due to devaluation...

The sickness is deep. 😉

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Jack Spirko 11mo ago

You absolutely can take the loss by selling and with no wash rule too.

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Jack Spirko 11mo ago

Oh I see you meant a capital loss on dollars, technically you can do that by Forex trading.