15-20% cap gains tax is absolutely absurd.
I mined my holdings in 2014/15, and because i technically never purchased them, i never reported them on my taxes. According to a couple opinions from tax accountants, because I never reported it, if I were to sell it would always be at max cap gains tax which is 15-20% in the US (depending on income).
So here I am, now a 7 year long HODLer who has never once sold a single coin, waiting to buy a house outright with bitcoin directly.
fuck the feds and fuck fiat. 2 da moon.
Submitted January 04, 2021 at 04:29AM by Astrofide https://bit.ly/3b6gF14
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