Jack Azz on Nostr: Just a thought. Let’s say you take the hundred dollars cash, hold it for 20 years, ...
Just a thought. Let’s say you take the hundred dollars cash, hold it for 20 years, and then spend it at a 50% loss due to currency debasement and without the benefit of a tax deduction. Or you could take the bitcoin (let’s call it $100 worth of bitcoin rather than 1 BTC) and you could spend it immediately and you would be liable for capital gains tax of $30. So either way, we own nothing, we are not allowed to own anything, and we cannot just give each other anything outright without penalty. Do I have that correct?
Published at
2025-01-17 18:28:57Event JSON
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