I was thinking about what the greatest song in the modern era is - say 1900 onward…
I think it’s incredibly clear without a shred of doubt that it’s Bohemian Rhapsody by Queen.
Does anything else seriously compete with this?
#musicstr #asknostr
How is no one talking about the coordinated tax harvesting by the #bitcoin ETFs?
ETF’s launched Jan 2024, and the multibillion dollar outflows started the last week, 2 months before the tax deadline.
It’s obvious that profits are being taken, triggering long-term capital gains, and likely used to pay 2024’s taxes. Then they reallocate to the ETF now that the price dropped, and sell off again this time next year to pay their 2025 gains. Rinse and repeat.
And that’s just the US. Don’t forget all the foreign allocators with different fiscal years and other incentives.
#btc #gm #pv
The free market will push for favorable #bitcoin regulations.
The free market will opt for using #btc to purchase items - those with >10btc and <1btc will use it first, and those in between will use it last.
The incoming class of politicians and technologists are internet native, or close to. Their constituents will have been born into the internet.
Until the current ruling class is phased out, the free market will be hindered from choosing the bitcoin network as a primary (and eventually only) vehicle to transact.
