Brunswick on Nostr: How do you make such a policy? Do you not leave huge loopholes such as trading btc ...
How do you make such a policy? Do you not leave huge loopholes such as trading btc for gold and back again with no cap gains? If gold is considered a "purchase" rather than an exchange, then to sell BTC for gold (or some other commodity like grain futures), is it taxable when you sell gold for BTC?
Published at
2024-10-30 19:01:44Event JSON
{
"id": "b40e7407bd01880341ccb56101675b92b4d36d65eb0f79de3832879caf85be30",
"pubkey": "c1e9ab3a56a2ab6ca4bebf44ea64b2fda40ac6311e886ba86b4652169cb56b43",
"created_at": 1730314904,
"kind": 1,
"tags": [
[
"e",
"8e37b58439b521cfa73d3e79b4a4b667e031c100332aac1da9e052853ad4bbda",
"",
"root"
],
[
"p",
"a1fc5dfd7ffcf563c89155b466751b580d115e136e2f8c90e8913385bbedb1cf"
]
],
"content": "How do you make such a policy? Do you not leave huge loopholes such as trading btc for gold and back again with no cap gains? If gold is considered a \"purchase\" rather than an exchange, then to sell BTC for gold (or some other commodity like grain futures), is it taxable when you sell gold for BTC?",
"sig": "8a570c0e1f07c305937f2bea857c26656b5d5c1106e585a0f355cf9dc852a18e6a60559359499e5b468374dbcd9e1c8cfefade50589cd92f1d98a60dad3bf5ac"
}
