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Replying to Avatar Javier

GM,

In Spanish, we have a saying: "Cuando el río suena, es porque piedras trae," which is similar to "Where there's smoke, there's fire."

I’m not all in on BTC, not because I don’t want to, but because I don’t have much to invest in it currently. However, I do my part with what I can.

Regarding the Ross Ulbricht case, I tried to inform myself as much as possible, and this episode of nostr:nprofile1qyfhwumn8ghj7ctvvahjuat50phjummwv5q32amnwvaz7tm9v3jkutnwdaehgu3wd3skueqqyzu7we2xhgry2mknq8v7227yn7jguu9xhu3g90n6rtnjj3mpyq3ackdvvhl was really helpful.

Now, with the U.S. starting this national reserve of seized assets, like the ones from Ross, and considering the very high likelihood that his case is, at the very least, partially framed in many areas, national powers, corporate power, etc. , all seeking a piece or control over BTC. In, well, questionable ways (like a president and his wife realizing just unfounded crypto trash!?). It all just keeps pointing to positive trends regarding the seriousness of its relevance.

The timing, with possible wars, is prime time for BTC’s value to rise.

The U.S. government appeals to populism, nationalism, and the constant new attempts to regain relevance.

Very interesting times, and I am amazed at the role Bitcoin will play in the coming years ahead of us.

I am thankful for Nostr, which continues to provide more and more insight to sideliners like me, who are just absorbing as much knowledge as we can while we consider our best way forward.

https://fountain.fm/episode/DNDHF6U0hjUR9dBVrHSl

Bitcoin will not do well in the case of war. Though as a commodity it is similar to gold, it's price does not behave like gold.

US warships have been encircling China for the last 80 years

I hear they made those in the 90s

No, and you pay a spread/fee for each transaction. The fee is .79% for volume of $5000-$50000 each month. The spread is about the same.

💯. I often think about how this idea applies to our food, too. We are so distanced from the production of the things we eat, especially meat, that is allows us to consume in a way that is much different than if we were made to confront the moral consequences of our dietary choices. To kill our own protein.

If a person, hypothetically, wanted to exit partially out of a large Bitcoin position and pay minimal or no capital gains tax, how would they do it? #asknostr #bitcoin #tax