5 to10 (or more) years down the road, people who consistently DCAed and HODLed any amount of Btc will regret not having gotten themselves into the IRS’ Safe Harbor.

Once they sell or use any Bitcoin for purchases, they will be defaulted into the FIFO cost basis and end up paying the highest amount of tax relative to other options.

This is not tax prep advice, but disregarding this Safe Harbor option has the potential to cost Bitcoiners vast amounts of cash in tax expenses.

Jfc, this is ridiculous. At least it isn't a requirement and to be honest it seems that unless you have a big stack of coin it's not worth it. Anyone with less than 1 btc shouldn't even waste time thinking about it.

Going all in on Bitcoin was the most important decision of my life. Not for the money it would become, nor for the purpose and meaning that it would deliver to me, but because it was a decision that was truly mine.

The whole world and everyone in it has ideas of who you are suppose to be, and most of the time we conform with that in some way or another. While I did not know it at the time, I knew in my heart of hearts that Bitcoin not only had a chance to save me from a life of mind-numbing pointless work, and nihilistic existence; but more than that, it allowed for me to believe in what I saw for myself, and my own understand of it before what everyone else was telling me. It let me stand up for myself against a world that just wanted to use me and keep me in the suppressed, small role it had relegated to me. Bitcoin allowed for me to decide something else against this system that could not see the light and love that I really am.

This decision came from my own strong conviction within myself that I knew from the deepest levels within me. Even though it seemed crazy, irrational, and like it wouldn’t work to everyone else; just like most major decisions that can change your life for the better, I knew it was what I had to do for myself. There are no other people who can make these kind of decisions for you, and that is why they are them in their lives and you are you in your life. Only you can make the decision for yourself about how your life is going to be, where you are going to put your energy and how you are going to save yourself against a world that wants to exploit you like a machine, and give you worthless paper in exchange for it. You can choose something else now, but that decision is on you alone.

While I cannot promise that you’ll get rich from Bitcoin, or even that it will be a profitable decision with your timing of the markets, you will learn to have a new kind of conviction and faith in yourself which is a kind of wealth in its own right. You will learn that you can decide to take a risk on your own thoughts and decisions, and that is worth something in and of itself.

Just some food for thought going into 2025.

A lot of focus on “fair wages” but no focus on fixing the broken money during this H1B debate. Striking at branches instead of the root of the problem; the USD system is *literally* designed to work against the American worker.

Stop reacting and start anticipating