BitcoinStu on Nostr: as long as you can prove a cost basis, ignoring it seems fine. Otherwise what's going ...
as long as you can prove a cost basis, ignoring it seems fine. Otherwise what's going to happen is when you trade some bitcoin for a property for your family, education, healthcare, or you die and your family inherits your bitcoin, then you'll pay tax with a $0 cost basis.
Published at
2024-12-28 21:22:17Event JSON
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"content": "as long as you can prove a cost basis, ignoring it seems fine. Otherwise what's going to happen is when you trade some bitcoin for a property for your family, education, healthcare, or you die and your family inherits your bitcoin, then you'll pay tax with a $0 cost basis.",
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