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Replying to Avatar bitcoinlimit

if bitcoiners are gonna lobby for one thing and one thing only, it should be getting rid of capital gains tax. forget strategic reserve. focus on killing cap gains. think of a business running at 5% net profit and there are hundreds of thousands like that. after all the hustle, opex, stress, they barely clear 5% and still get taxed. then they discover bitcoin averaging 30% a year with tax-free gains. imagine what happens.

12
Name 7mo ago

Absolutely!!!

Missouri just passed a bill to remove cap gains and we are waiting on the governor's signature.

If the federal government does the same, then everyone who has no cap gains requirement can fully use Bitcoin in any way they wish, fulfilling the goal of having a sound money.

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