Why I’m not selling
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Why I’m not selling

Why I’m not selling

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 by /u/Astrofide
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