You can live off Bitcoin and pay 0 taxes legally.
You just have to stay below:
$47k (equivalent to a $56k income in a state without income tax) if you’re single.
$94k (equivalent to a $123k income in a state without income tax) if you’re married and filing jointly.
You won’t be living in luxury, but giving 0 sats to Uncle Sam is not a bad compromise.
I've taken a similar approach largely because I stopped working for fiat earlier than I probably should have.
What I learned was that getting my time back significant reduced my need to outsource stuff to other people. When you work for yourself on your own stuff, it's not considered income & isn't taxed.
I'm not stacking Bitcoin anymore but I'm also spending about a third of what I used to & barely funding the state. It feels pretty nice & I'm also becoming more resilient.
Nice!
Yeah it’s not always easy, but worthwhile I’m sure. You’re about to spend even less sats next year
