I’ve avoided joining in this discussion until now because I didn’t really understand it.
So I understand why some people may avoid it- But this is without doubt the biggest risk to Bitcoin right now (IMO). We have to do the work to figure this out.
I’ve explained what’s going on in the way that made sense for me- I hope it can help someone else to see it too.
Thanks to @Luke Dashjr @Bitcoin Mechanic @Matthew Kratter @ForrestHODL for all their work in helping me understand this.
Mike Beatty
npub1yp4n...kqyk
Bitcoin student - sharing what I learn
Can anyone help answer me this spending using bitcoin question please?
Taxes with FIFO (first in first out)
It could mean $1000 purchase costs you $170+ in taxes
What’s the answer for people in this situation? Other than move somewhere else 🤷♂️
@Tony | thebitcoinway.com ⚡️ have you come across this?
#vlog 3
3 EASY Things Every Bitcoiner Should Do (But Most Don't)
First video that’s got some traction- funny enough this wasn’t even in the 10 video plan
I just added it last minute because the previous one went on too long 😂