So if i build a deck for 30k in bitcoin and it goes down to 15k the next day I still have to pay the 10k tax on the 30k meaning I built a 30k deck for 5k. Until they fix the volatility issues don't give up your hard labor for bitcoin. Its just gambling. [233x216 - 10KB]

[–] • 2 pts

Don't turn your hard labor into valuation of a system that steals from you. USD makes less sense then Bitcoin. If you don't like volatility, try PAXG. It's just gold pegged crypto. But whatever you do, don't continue attributing value to these fraud bucks that lets jews steal from you with their own personal blank check.

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I like how the problem is fluctuation in the BTC/USD conversion rate and not the government stealing 1/3 of your life. Instead, give up your hard labor for zombie FRN's and slavery. The Beast System.

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It also works in reverse. If you buy Bitcoin it may go up the next day just as likely.

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ya but the dogegovernment can't throw you in dogejail for not paying your dogetax in which they waste on illegals and bullshit.

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About 30% of the US has some exposure to BTC. Everyone who wants some has some at this point. It's only downhill from here.

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And any asshole getting interested now is trying to make easy money while understanding fuck all about the tech or the market.

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[–] • 0 pt

Yes.

Plus the whole BTC community collectively ignores the fact that quantum computing already exists and renders cryptos completely useless.

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The current state of cryptography already has answers for quantum computers. Whether or not the middle-manager who failed upwards to his positions puts these solutions into place can be answered by just how much shit is run on 40 year old software.

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[–] • 1 pt

The future value of bitcoin should be considered when accepting as payment or trading it.

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[+] [deleted] • 0 pt

[–] • 0 pt

Bitcoin is not a payment. It is a store of value. I don't walk around giving people gold bars as payment.

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[–] • 1 pt

Who the fuck is accepting Bitcoin as payment.

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[+] [deleted] • 3 pts

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You are giving really bad advice. Learn taxes for short and long term capital gains. You pay zero if you bough and don't sell. If you bough 30k worth of bitcoin and sold for 15k it is a write off. And as it stands now if you hold long term you can get taxed as low as zero percent for those making below 40k. 15% for people making between $40,000 to to $441,450. While it is gambling it is gambling it is much much more since you can look at the value and be a judge where it will go vs something totally random.

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[–] • 1 pt

Make losing trades on American kyc exchanges, and winning trades on foreign non cuck exchanges, in Minecraft.

Cash out by spending, or p2p, or buy an oz of gold (under $2k) from jmbullion or one of the others that accept crypto, then goto a coinshop and cash out. Don't goto a place that buys gold jewelry, they give shit rates.