mrclownworld on Nostr: Everyone intends to spend their bitcoin eventually. That’s the whole point of ...
Everyone intends to spend their bitcoin eventually. That’s the whole point of money.
The only questions to ask are when, how many separate transactions, are you comfortable with an intermediate exchange to another currency, and how much are you willing to pay in taxes and fees.
If your answer to “when” is “never” then you actually mean “I plan to leave this to my kids for them to spend” in which case, all the same questions apply to their eventual spending, as well as to your passing it down to them.
The only questions to ask are when, how many separate transactions, are you comfortable with an intermediate exchange to another currency, and how much are you willing to pay in taxes and fees.
If your answer to “when” is “never” then you actually mean “I plan to leave this to my kids for them to spend” in which case, all the same questions apply to their eventual spending, as well as to your passing it down to them.