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Cheap sats incoming. Unrealized capital gains tax is just stealing. I mean all taxes are theft, but jesus christ. They might as well give you a 10,000,000 loan at birth as the price of citizenship that you have to pay off for the rest of your life and from which you can only spend a UBI bookended monthly amount.

mike 1y ago

My wife is about to get a payout from an old pension pot. They are going to tax the shit out of it.

She is going to buy Bitcoin with what’s left which will be worth way more than they ever took.

This is the way 💪

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Discussion

SuiGenerisJohn 1y ago

I gave a talk in May of this year and found out someone has been buying $5/day since. It's not a lot, but for them it's meaningful appreciation and a demonstration that it is possible to get a head with consistent discipline over your money.

mike 1y ago

A DCA maxi 💪

SuiGenerisJohn 1y ago

I'm really proud of this person. In 10 years, he and his family will be so much better off.

mike 1y ago

Ironically, I hope he kept it on the exchange otherwise fees will kill their UTXO’s and they’ll be left with nothing 😫

SuiGenerisJohn 1y ago

I still can't zap you in post threads for some reason.

mike 1y ago

Post it, I’ll DM my address 😂

Wondrej 1y ago

I’m glad that I can officially stack to my pension in Bitcoin ETFs, allready doing it bcs it’s also tax free after these years.

But who knows, before my pension there is a lot to change, so maybe these mfs will tax me too in my old age.