Replying to Avatar Moon

The use of the word “selling” still seems to imply a USD or fiat mindset at the deepest level. Shouldn’t it be “the only things you’ll ever regret is SPENDING to early…”

Nobody says “I sold 20 dollars to get lunch” or “I sold 500K for a house” - Dollars are simply earned and spent.

Selling is thinking of bitcoin as “an investment,” spending is recognizing bitcoin as money.
Avatar
HODL 2y ago

The tax treatment is the thing that keeps me from adopting that mindset.

Because if I spend bitcoin for lunch I just incurred a capital gain.

Reply to this note

Please Login to reply.

Discussion

Avatar
Moon 2y ago

Aptly litigious answer, my friend - I see what you’re doing here

e7
nobody 2y ago

Technically if you zap someone you are incurring a capital gain/loss, right?

Avatar
HODL 2y ago

Yep.