The US eliminating taxation on using #bitcoin as medium of exchange would be a billion times better than strategic bitcoin reserve, yet all the statist cucks want the reserve more. Makes me wonder.
Discussion
I’d like to see both
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The problem is none of the big influencer SBR shills have even talked about reducing or eliminating taxes. Of course both would be ideal but that's not the point at all.
on the plus side the prospect of paying taxes make never selling easier for me 🤣
So you hold fiat? If you hold fiat you are short bitcoin.
?
sorta my point
why would I pay taxes for fiat?
why would I sell 🌽 even wo taxes?
thats madness
If you are 100% bitcoin you kinda need to use it to live. If you arent using your bitcoin that implies you have fiat to spend which means you could be holding more bitcoin than you currently do which means you are short bitcoin.
imo if you’re getting paid in fiat it makes sense to use that melting ice cube to cover the biweekly/monthly expenses and then accumulate sats with whatever is left over so you don’t have to sell 🌽
personally I don’t like to short Bitcoin by selling Bitcoin
don’t feel like there’s a perfect formula
to each their own
Just do a revocation of election and 8822-B form and you won't have to worry about taxation.
Man some of you guys really can't take a win lol.
Be happy for the reserve, it'll pump your bags big time.
One thing at a time!
You don't think it's just a little suspicious that the big SBR influencers arent even trying to reduce or eliminate taxes for using bitcoin (which everyone says is money) as a fucking money? That legislation should actually be easier to pass than SBR.
I think they've been focused on other things, and they've been very receptive to the crypto community.
If enough people make enough noise, I don't see why Mr Trump wouldn't consider abolishing the capital gains tax on spending.
I will forgive for now, but as soon as SBR is in place, this is the next thing that needs pushed for hard.