One reason I'm selling some #bitcoin right now: As a US citizen the long term capital gain rate for my status is $46,500 at 0%. If I do not take advantage of this, it's wasted.

So for example if I want to buy a house in 3years for $300,000 worth of bitcoin, I pay a lot of long term capital gains tax on that in the future when I want the house.

But if instead, in these years while I'm waiting, I sell $44,625 of bitcoin, take the 0% capital gain tax, and then immediately re-purchase the bitcoin, it adjusts my cost basis up by $44,625 per year. If I do this for 3 years, then when I'm ready to buy my house in 3 years, I have $133,875 of added cost basis, saving me 15% (or more) tax on all that.

If instead I ignore this opportunity and just hodl until I need the $300,000 I will pay dramatically more taxes.

Something to think about.

I used to work for a fireworks company and one year I was managing one of their stores out of state about 70 hours a week and said the reverse to a customer one day. One of my employees asked me who the guys that I said “bye, love you” to 🤣

Yes. Feels almost biblical

#BITCOIN IS ABOUT TO SEND SO F*CKING HARD.👇

Bro if you want bitcoin to win we literally need at least 10 million people running #BITAXE

List of people that said they would leave the US if Trump wins.

1. Alec Baldwin

2. Whoopi Goldberg

3. John Legend

4. Chrissy Teigen

5. Rob Reiner

6. Barbara Streisand

7. Cher

8. Nancy Pelosi

9. Hillary Clinton

10. Megan Rapinoe

11. Tom Hanks

12. Amy Schumer

13. AOC

14. Lady Gaga

15. Taylor Swift

16. Bill Gates

17. Jane Fonda

18. Madonna

19. Mark Ruffalo

20. Kim Kardashian

21. Bruce Springsteen

22. George Clooney

23. Hunter Biden

24. Oprah

25. Robert De Niro

26. Samuel L Jackson

27. Miley Cyrus

28. Travis Kelce

29. Bobbi Althoff

30. Rashida Talib

31. Stormy Daniels

32. Dr. Anthony Fauci

33. George Soros

34. Diddy

35. Eminem

36. Ellen DeGeneres

37. Sean Penn

38. Sharon Stone

39. Ashley Judd

40. Tommy Lee

41. Bryan Cranston

42. Billie Joe Armstrong

Bonus

Cher will blow her brains out

Rob Reiner will set himself on fire

Bono vows to drive his car off a cliff

Independent media won this election hands down.

Legacy media threw everything they had at Trump this time around and no one listened.

You are the media now anon.

Joe Biden had absolutely no momentum in his primaries. It was only through the corrupted media that he was lifted above competition - much the same as Harris was.

Dems use their media arm to propel anyone they deem easy to puppeteer. nostr:note1mpslctx5phmy9pktv0ntqragtp2a74lh6uv6ct39emxnrlkmu8hsez7x7n

Good morning ☕️, just glad I won’t be getting text messages every hour about the election finally