I’m not fucking selling.
Dad hasn't realized bitcoin doesn't fall, it just goes on sale. image
The fact that they still make pennies is wild to me
Since the creation of the fed the dollar has lost 99% of its value. This means that any scarce desirable asset you have held over the long term has appreciated greatly in dollar terms, even if it’s true β€œvalue” remained the same. If the government were able to tax that unrealized gain they can effectively force you into their failing system by devaluing the currency so much that everyone is sitting on massive gains. β€œHey I know that house has been in your family for 3 generations and it’s the only asset you have, but you owe us 500k or we are going to take it from youπŸ˜Šβ€ Taxation is already theft but a tax on unrealized gains makes it even more obvious.
Just noticed that I broke 300 followers! Thank you all, EVERY COMMENT GETS 300SATS I will continue to do this until it becomes too financially irresponsible lol. image
Can’t believe that I worked so hard to build my stack over the last four years just to have it cut in half tomo:(
Starting to stumble down the 369 rabbit hole, it is either insanely profound or I am losing my grip on realityπŸ˜‚ Either way it is extremely interesting.
What do you think comes first? A.) 10 billion people B.) 21 million Bitcoins?
GM, let the speculative attack continue.
My USD balance is -$1,728 but I am still stacking #BTC as hard as possible. THERES A NAME FOR PEOPLE WHO STORE THEIR WEALTH IN FIAT CURRENCIES. Anyone got me beat?