I am doing the lawful thing now regarding Bitcoin. If I turn it into dollars, or exchange it in any other way, I will pay the Capital Gains taxes as it has been lawfully ordained. I didn’t vote for that, but obviously somebody did. I don’t like it, and I don’t know how anybody could like having the government swipe any of your hard earned fortune without any risk on their part at all. I will say this however. If my government attempts to confiscate my wealth, or they inflate their own system to a point that I cannot put food on my table, I will denounce my citizenship. I will move to a more favorable jurisdiction, and I will refuse to pay my capital gains to a country I know longer belong to. I paid for the Bitcoin with their dollars, but I had already paid their taxes on those dollars used. They can chase me to the ends of the earth to get more if they want to. Good luck with that. This is the promise of Bitcoin. I can take it with me anywhere, and spend it anytime I want without their permission. It’s not theirs to permit.
Coney Croft
Coney Croft
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I get physicist! The study of the infinite properties of everything.
Let the war begin. If you know somebody that thinks they own Bitcoin, and it’s on exchange or in an ETF, make them aware, they don’t own Bitcoin and they have no business owning it if they don’t understand it. If they are here to increase their fiat bag, they own it for the wrong reason. It’s the real Bitcoiner that drives the value. Not the Corporation or Government that locks it up in a vault. Real Bitcoiners know how to self custody, buy, sell, exchange,and use the real deal. They know how important nodes are. They even may be running a mining rig, regardless if it’s profitable or not. It’s important now to lead people out of the moral decay of Wall Street and into the light.