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RE: Bitcoin Cash just over took Ether for #2 Coin Cap After Bitcoin!
Crazy times. The battle lines are drawn. I feel that bitcoin has too much brand recognition to be simply swept aside but time will tell. Currently Bch has gone up much more than btc has fallen so I’m still up.
I agree, Thankfully for me I got in pre-fork at $2,000 Bitcoin so this is all popcorn for me!!!
My bigger concern is how to cash out legally without upsetting the tax man. My accountant seems clueless!
Cash out? Legally? I'm not sure you are in crypto.. Why would you need to get rid of your crypto...??
I have been in crypto for 8 years! I dont want to cash out all of it, just to spend some! I dot want to die with millions in virtual money but having not spent any of it!
Can rent/buy a nice house/apartment in nyc and private jets take bitcoin now, 5 star hotels mostly will too if you talk to them and make arrangements and are a preferred customer ;) fiat is a relic of the past!
I agree that crypto is the future but dont be fooled into thinking that taxes are also. The blockchain publicly records every transaction so it is an auditors dream. The higher crypto goes, the greater the number of audits there will be. A lot of people will be done for tax evasion etc. The whole time you are in crypto you are fine but as soon as you use it to buy real world goods or services you'll be picked up.
Lol Yeah Tor Doesn't exist, the silk road was a fairy tale, the Clinton's don't manipulate and try to run the world, lol keep telling yourself that ;)
I feel you have gone slightly off-piste!