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Bitcoin Bristol
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Bristol UK #Bitcoin Only Socials. Est 2020. 21st of every month 6.15pm. Most commonly at The Mardyke Pub, Howells. Local grassroots education through meetups & workshops.

SATOSHI CIDERS @MardykeBristol Weds Jan 21st from 6.15pm. Historic 1865 Freehouse in Hotwells. Sup £3 pints with Bristol Bitcoiners, ask silly questions, foment revolution, overthrow Central Banks, join circular economies or play a Bitcoin boardgame @escape2bitcoin BS8 4UB

Join us for Bitcoin Pizza Day this Thursday May 22nd starting at 6.15PM at Stable Pizza, Bristol Harbourside.

https://evento.so/p/evt_1Cmo4hC4VCEGvKpB

MARCH'S BITCOIN BRISTOL SOCIAL

FRIDAY 21st FROM 6.15 @LHGBrewingco CHECK OUT OUR EVENTO PAGE (BUILT BY BITCOINERS). https://evento.so/p/evt_gEjbc2LzsU7xepRP

Unnecessarily facilitating the firing of UK missiles against a nuclear power loses you consent of the governed. #StarmerOut

Got your #BWEST ticket yet? Tick tock.

UK Plebs, consider joining and/or supporting the increasingly valuable work of nostr:nprofile1qqsp02kerjznyqgla3gujxw33dhr80lm7pvhp9vn8p2f2095afggdcgpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9ugysshy for £5/7/10pcm or £50pa. Soon accepting Lightning. Can have your name unlisted too (submarine).

https://uk.bitcoinpolicy.net/membership/individuals/

BWEST 2024 UNCONFERENCE BRISTOL SAT NOV 16th

We've just had confirmation that we've doubled our venue capacity to 120 so are now welcoming children <16 for FREE. 16s and over will need a ticket though.

BitcoinBristol.org/#conference

Replying to Avatar Joe Nakamoto

Important post if you are in the UK 🇬🇧

Plz share with or tag other Brits.

🧵 Thread

A Tax-Efficient Way to Spend Your #Bitcoin While Supporting the Network and Keeping Your Holdings Intact!

One way to spend Bitcoin, help decentralize the network, and move BTC off exchanges without triggering a taxable event is through a strategic spending and repurchase approach.

Here’s how it works ⬇️

Step 1: Spend #Bitcoin at a vendor who accepts it as payment.

This ensures you're using Bitcoin in the way it was designed—as a decentralized currency. You're also supporting businesses that accept Bitcoin directly. 💳⚡️

Step 2: Within 30 days of making the purchase, buy back the same amount of Bitcoin.

This is key to ensuring that you retain your original holdings without being exposed to market volatility. 🔄

The magic behind this strategy is the 30-day rule.

In the UK, this rule prevents you from claiming a tax loss on an asset if you buy it back within 30 days, but it also means you inherit the original cost basis if no profit is made.

By rebuying the Bitcoin within the 30-day window, you effectively reset your position at the original purchase price, meaning no capital gains or losses are realized.

This way, no taxable event occurs, and your Bitcoin stays in your hands! 💼🛡️

Not only does this method keep your tax position intact, but it also moves Bitcoin off exchanges, which enhances decentralization and strengthens the Bitcoin network.

You continue to hold Bitcoin with your initial cost basis, tax-free. 🏛️🔐

In summary:

Spend BTC at a vendor

Buy back the same amount within 30 days

Maintain your original cost basis, avoiding tax implications

Support the Bitcoin ecosystem by transacting on-chain 🌍⚡️

#Bitcoin #CryptoTax #BitcoinNetwork #SpendAndHODL #TaxPlanning

THIS THREAD IS FROM

THIS ACCOUNT;

Stolen from The Secret Investor - Tax accountant on twitter.

Rumours of a Bitcoin by South West Mini-Fest brewing.

August's #Bitcoin Bristol Social is at Canteen, Hamilton House, Stokes Croft from 6.15pm on Weds 21st. Support local & enjoy a balmy summer evening with some Bristol Bitcoiners.

Check out our next FREE #Bitcoin Self Custody Workshop - UNLOCK THE POWER OF MULTISIG. Get the best security by learning how to create & manage multi-sig wallets. Monday August 12th at 7pm at Easton Community Centre BS5 6AW. Drinks afterwards across the road at The Plough.

No KYC required Anon but please drop an email to bitcoin.bristol@proton.me to register.

July's #Bitcoin Bristol Social is Sun 21st at Sabor Brasileiro, 25 Gloucester Rd from 6.15pm. Delicious feijoada, coxinha, Brazilian beef, beer & more. Alfredo & his wife started accepting #Bitcoin ⚡ organically. Come support. instagram.com/saborbbristol

June's Bitcoin Bristol Social is Friday 21st at Butcombe Brewery's The Ostrich in the Bathurst Basin from 6.15. Finally a weekend evening. Given the venue, please come with your Nostr npubs. Suggestions for our next Self Custody Workshop topic much appreciated too.