Damus
Cyph3rp9nk profile picture
Cyph3rp9nk
@Cyph3rp9nk
The first rule of Bitcoiners should be to never pay taxes on your Bitcoins, which implies that you should never sell them for fiat currency again, or if you do, it should be on P2P markets.

To spend your Bitcoins, spend them at places that accept Bitcoin payments. That is the ideal situation and what you should strive for.

If we manage to live solely on Bitcoin, then we have won; otherwise, we are losing.
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DecBytes · 7w
Or capital gains should be abolished or live where it already has been or at least is limited to short term holders.
Fabian · 7w
True, but don’t go to jail. In Germany Bitcoin gains are tax free after 1 Year
LMK · 7w
Excellent advice
bitcoinauta33700 · 7w
That’s the plan, meanwhile stack and spend sats. Will be our generation the first who can achieve this goal?
Publius Pseudis · 7w
You still have to pay tax on them if you spend them on something other than fiat. The taxman dgaf what you buy with it, just wants his greedy sticky fingered cut
Hanshan · 7w
checks out. although I prefer to use Monero whenever possible so I don't have the utxo management headache.