jor on Nostr: I plan on keeping 95% of my bitcoin forever to hold in the family. By the time I am ...

I plan on keeping 95% of my bitcoin forever to hold in the family.

By the time I am ready to start spending, I am quite confident cap gains on bitcoin will be gone.

First El Salvador
Then the United States
Then everyone else

OR, if cap gains remain in Canada, I will just lend against the bitcoin.

My long-term thesis on bitcoin is that banks will prefer bitcoin as collateral. Makes the most sense in every aspect.

So long answer short, I never plan on paying taxes on bitcoin.