+1 🤘🏼

This is the first thing I always point to when some mouthbreather asks why Bitcoiners don't actually use it as cash. The say the average consumer makes between 600-900 transactions per year. Do you think the consumer wants to track that many taxable events, the cost basis for each, so on and so fo...

Absolutely, and there shouldn’t be any tax exemptions based on temporal conditions like in Germany (where bitcoin gains are completely tax-free after holding for more than one year) or on the qualification of the holding as private wealth management like in Switzerland (where capital gains from pr...