No tax on capital gains for Bitcoin sounds nice at first then you realize they're just trying to incentivize separating you from your Bitcoin.
Sneaky sneaky.
Discussion
Spend and replace, problem solved
Yes
Three ways they will separate Bitcoiners (not people who own Bitcoin) from their Bitcoin
1. FUD (current thing)
2. Removing capital gains tax
3. Running the price up
And on the flip side
What they fear most:
1. Truth
2. Open source / privacy tools
3. Running the price too high so we hardly have to sell any to buy what we need
Idk about this take brother. Capital gains tax incentivizes you to not buy bitcoin at all lol
really eh?
the tax is specifically for not paying capital gains tax on your Bitcoin when you sel, why sell for useless fiat?
It applies to bitcoin purchases too. Buying food with bitcoin still triggers capital gains tax.
Some truth to that.
But, if you live on a #Bitcoin standard it’s very positive!
Once you live on a Bitcoin standard the incentive to not spend is significant because of the hard asset you own - you don’t want to let it go!
