ARE THERE STILL CAPITAL GAINS TAXES ON BITCOIN OR NAH?

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It seems the number of people enforcing them is dwindling.

Fake news. They people enforcing it are getting bigger guns

SOON?

Let’s just all go with no.

That's the million, er, billion dollar question.

Well you aren't supposed to sell your Bitcoin... Or who the hell knows... That's what I heard at least recently. So no need for that anymore 😉

Only billionaires don’t sell their bitcoin. The rest of us need to spend (some) to live day-to-day.

Don’t sell your 🌽 Doctor and you will never pay capital gains…….

At some point you will not need to sell your 🌽 if you hold long enough…….

Well then I hope that shit makes me a billionaire soon so I can stop spending it!

by the time we are billionaires there will be quadrillionaires.

I'm slightly different to that. I only buy with what I have left after living.

I can't be squeezed out, forced, or feel inclined to sell.

Maybe not optimal if I look back historically - perhaps I would have more had I been riskier.

Same. Don't want the tax headache at the end of each FY or the stress of selling more than I bought in a given month. I know it's probably suboptimal but just can't take that final step. Still miles ahead of most other folks though.

#V4V

And some are maniacs that keep zapping away ⚡⚡⚡

We spend the Bitcoin

I’ll sell my SPY before the corn

Some of us send our wives down the fiat mines 😂

Do you think no cap gains would get more businesses accept it?

Definitely.

I would think so too! Never really understood why cash app never brought to their terminals even with cap gains. Probably a knowledge gap still for most

Mine would. That is the hold up for me.

It would make me a lot more willing to spend it. It isn’t the capital gain so much the hassle of tracking and accounting for it.

Tax incentives are just the governments way of getting you to accept a nominal rate of theft

If you own no property, if you own no house, if you own no business, if you own no expensive cars, if you don't own anything than no, there is no capital gains tax, because we don't file taxes.

Nah, and I care who says what about it

This is the most important question, everything else is fluff

Zapital gains? Nah👈

24% in the UK. 😞

26% in Italy and up to 33% next year

Single issue voter ic?

Taxes are wrong

Yup. And there is no bitcoin strategic reserve. Or maybe there is. No one knows.

That's the only imporatnt issue.

Give me your bitcoins and you won't have to pay any taxes. ;)