I salute you, fellow hexbear troll. (hexbear.net)

submitted 3 months ago by Spongebobsquarejuche@hexbear.net to c/chapotraphouse@hexbear.net

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rat-salute-2

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[-] FuckyWucky@hexbear.net 14 points 3 months ago* (last edited 3 months ago)

spoiler

Yes ik capital gains tax comes in when you sell the asset for fiat currency. However there is nothing preventing the Government from directly putting a tax bill on appreciating crypto before sale (mark to market).

Another example would be property tax. How would you pay for the property tax for the building you have your mining farm in assuming you don't sell bitcoin.

Looks like they remove 'real' criticisms as well, funny because they removed TeddyKila's comment for: