Replying to Avatar Jor

Yeah basically how I look at my shares - I'm going to keep about 50% forever. Very similar to bitcoin in cold storage.

And the other 50% will be used when I need to buy something big. The nice thing is that the shares are in a tax sheltered account.

I will not be tied to my MSTR shares like I am to bitcoin.

Keep in mind they are also equity so I'm sure we will be able to finance against them in the future without even having to sell.
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I1225cgh856xzzss 1y ago

Good points. So, because you live in Canada and you hodl BTC, what is your long term plan for retirement/spending sats? Will you move to a BTC friendly jurisdiction or just pay the cap gains?

My wife and I talk about this often.

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Jor 1y ago

I plan on keeping 95% of my bitcoin forever to hold in the family.

By the time I am ready to start spending, I am quite confident cap gains on bitcoin will be gone.

First El Salvador

Then the United States

Then everyone else

OR, if cap gains remain in Canada, I will just lend against the bitcoin.

My long-term thesis on bitcoin is that banks will prefer bitcoin as collateral. Makes the most sense in every aspect.

So long answer short, I never plan on paying taxes on bitcoin.