$100 or 1 Bitcoin: a choice that says a lot about financial literacy. Yet people still messed this up in 2024. 😂
Watch the moment it unfolds caught on camera!
#Bitcoin #Crypto #FinancialFreedom
https://video.nostr.build/8c09a41a1c902828dbd3531c8e93778f57fb95088c4a71a2e20171d8fdcede2c.mp4
Just a thought. Let’s say you take the hundred dollars cash, hold it for 20 years, and then spend it at a 50% loss due to currency debasement and without the benefit of a tax deduction. Or you could take the bitcoin (let’s call it $100 worth of bitcoin rather than 1 BTC) and you could spend it immediately and you would be liable for capital gains tax of $30. So either way, we own nothing, we are not allowed to own anything, and we cannot just give each other anything outright without penalty. Do I have that correct?