You could always go full rogue and hide your money on a privacy coin. I think privacy coins are way undervalued. Once the government starts coming after people they are going to go way up in value.
True, however look at it this way. Some people didn't sell Bitcoin at 19k or other coins at highs because they didn't want to incur short term capital gains. I"d rather pay 28% in taxes than lose 80% of my money sitting in crypto.
I think diversity is important; there is no one true coin. There are really only bad coins you should stay away from. I haven't done the research on privacy coins so I don't know.
You could always go full rogue and hide your money on a privacy coin. I think privacy coins are way undervalued. Once the government starts coming after people they are going to go way up in value.
True, however look at it this way. Some people didn't sell Bitcoin at 19k or other coins at highs because they didn't want to incur short term capital gains. I"d rather pay 28% in taxes than lose 80% of my money sitting in crypto.
Which privacy coin do you think is the big winner in 2024???
I think diversity is important; there is no one true coin. There are really only bad coins you should stay away from. I haven't done the research on privacy coins so I don't know.
Good post, I follow you, I hope it is useful for me and for you.
We need to go to a fair tax or flat tax. There's no reason taxes need to be as complicated as they are
Couldn't it be argued that Taxation is Theft??