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Knowing something like this is possible and planning for it are two different things.

Buy BTC, protect it in cold storage and that’s all you can do.

If you buy a gun to protect your house but the bomb it from the sky, oh well. You dead. Gun couldn’t protect you.
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BitcoinSandy 2y ago

Yep, but I don’t think many are protecting themselves

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nobody 2y ago

Cold.

Also, this got me thinking. Next battle will be legal & tax related. I know I need to spend more time on this & I think getting a good “tax attorney” is critical. Go on the offensive for things like Cap Gains, money movement/management without penalty etc. This is not just a nice to have.

BUT if not done right, you expose yourself to other elements like a bad or corrupt tax accountant. So much to digest.

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nobody 2y ago

For BTC specifically. I have a regular accountant and tax guy but BTC is different.

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BitcoinSandy 2y ago

Unrealised gains tax, blacklisted addresses, they can make life difficult for many

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nobody 2y ago

They will.

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BitcoinSandy 2y ago

Highly likely imo