GlitchyFren's avatar
GlitchyFren
glitchygentile@bitcoiner.chat
npub13vpw...pnw6
Interested in most matters. Bored by some. I will listen to and evaluate the craziest ideas and theories. Since we are running out of conspiracy theories that do not turn out to be true, I’m always open to hear about new ones. I believe in the importance of fitness, carnivore / carnivore based diet, intermittent fasting. I peacefully defend our rich Western culture with vigor and pride at all times. Disclaimer: I don’t hate anyone. I believe in compassion and respect and letting others live their lives as they wish. While I may mildly dislike certain people and actively avoid others, hatred is an entirely different ballgame—one I choose never to participate in. I don’t wish harm on anyone. That said, I reserve the freedom to choose what I think and say, always ensuring it doesn’t infringe on the freedom of others. I also reserve the right to decide with whom I spend my time, energy, and resources.
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GlitchyFren 1 year ago
Here’s a question for the more advanced #BTC enthusiasts out there: I’ve been hodling various cryptos in a self-custodial manner for years, so I’m not completely new to the world of #crypto. Initially, when I knew even less than I do now, I tried day trading to get a feel for things, thinking it would lead somewhere. While I didn’t make a loss, it didn’t take long to realize all I was doing was generating a crazy number of meaningless taxable events with little to show for it. That’s when I switched to a HODL strategy. In the meantime, an increasing number of vendors and service providers have started accepting BTC and other cryptos. Even #NOSTR seems to be promoting the use of BTC in everyday life via the Lightning Network. That’s all great and definitely the way forward, but how do you guys—especially in the US, where crypto is considered property rather than currency—deal with the attached tax admin nightmare? Creating a taxable event every time I buy a pizza seems to create more hassle than it’s worth. Does anyone have any tips or tricks for integrating small BTC payments into everyday life without creating an administrative #tax nightmare? How do you keep track of transactions? I’m not asking for loopholes or anything illegal; I just want to know how others manage it and whether I’m overcomplicating things.
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GlitchyFren 1 year ago
I just deactivated my X account and deleted the X app which, I might add, gave me great satisfaction. Elon and his smeary shills are soon going to have a completely private bukkake party. @ image