10:00 and you're still holding fiat. Cute. $100 in 2016 is now $75. 25% gone. They print. You pay.
Exit Velocity
ExitVelocityBTC@primal.net
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Bitcoin education for people who want cleaner records, better self-custody habits, and fewer surprises when the fiat receipt shows up. Educational only; not financial, tax, or legal advice.
7:00 AM, still using LIFO for BTC sales? Cute. 2017's $20K peak became $80K in 9 years, a 300% gain. Your accountant's mistake is a 30% capital gains hit. Free: https://huggingface.co/spaces/Exitvelocitybtc/bitcoin-tax-calculator. They print.
$100B lost to inflation since 2016. Cute. They print. You pay.
$100B in fiat lost to inflation since 2016. Cute. They print. You pay.
25% inflation. Cute. $80K BTC.
$100B lost to inflation since 2016. Cute. They print. You pay.
$100B lost to inflation since 2016. Cute. They print. You pay.
19:00 and still holding fiat. 17 years ago, $1,000 in gold was worth $1,000. Today, it's $1,300. Cute. $1,000 in USD from 2009 is now $1,180 due to inflation. Meanwhile, 1 BTC from 2009 is worth around $90,000. They print. You pay.
16:00 and you're still scrambling for cost basis records. Cute. 2022's $33K low is now a 140% gain. Paid $80K recently? You need clean records. They print. You pay.
13:00 reality check: 40% of your income goes to taxes. Cute. $100K salary? More like $60K. They print. You pay.
10 years ago, $100K was worth $130K in today's dollars, thanks to 25% inflation. Cute. They print. You pay.
7:00 AM and your accountant still uses LIFO. Cute. In 2022, 34% of BTC holders sold at a loss. $80K BTC means missed gains. They print. You pay.