Matt Prez on Nostr: I have ‘a friend’ that has decided, instead of paying capital gains tax right ...

I have ‘a friend’ that has decided, instead of paying capital gains tax right away, they’ll defer it, incur the 11% interest, and invest it in Bitcoin…

With aim to arbitrage the 11% loan from themselves (that the ATO will eventually steal), into a gross 45% - 55% return over the next few years.

Yielding a tidy 34% - 54% net profit.

I must say…

I concur. 😝