Good morning 🌄
Hope you have a good day.
If you'd like me to pray for you, reply and let me know.
GM
I like the micro details of my job. I dislike the industry I'm in. I can not get this image from the hunger games out of my head. And I fear my job is contributing to this irl.
I used to say that any price below $1m is a bargain.
I now disagree. Any price at all is a bargain.
#Bitcoin
If they pay out losses in fiat, I'm not interested. If they payout losses in Bitcoin I'm skeptical.
Good morning, nostr!
Well that took a turn... 😂
If you DCA, it doesn't matter when you start, over time your Bitcoin acquisition chart will look like this.
Get rich quick? Nah.
Stop getting poor slowly.
Happy New Year, nostr!
Abolish income tax.
Abolish the IRS.
Taxation is theft.
Those are the biggest conclusions I come to re: the IRS's new accounting method.
Of course, the other conclusion is: don't sell bitcoin.
Based on my best understanding of what this new rule means, it only applies if you sell bitcoin. But if you try to live on a bitcoin standard, there's a risk that you'll incur taxes based on the earliest bitcoin you ever purchased.
So apart from the 3 conclusions above, I also conclude
1) I need a USD emergency fund that won't get taxed when I dip into it.
2) I need my daily spending accounts in USD
Neither of those can be Bitcoin. If they're Bitcoin, then the cost of everything I buy increases by the capital gains tax rate I have to pay.
This is way to complex. Which leads me back to these three conclusions:
Abolish income tax.
Abolish the IRS.
Taxation is theft.
Merry Christmas, Nostr!
GM! Merry Christmas!
A flight I made recently in the clouds. The reward is worth it IMHO. Wait for it.
I can feel my ego starting to swell. Not in a healthy way. More in a "why aren't people seeing me" when the thing we're trying to do together isnt, and shouldn't be, about me.
