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Bitcoin and Taxation: Government On A Bitcoin Standard

on March 25, 2024

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Some thoughts on the difficulty of governments enforcing taxation in a world where Bitcoin is widely used in commerce.

http://dlvr.it/T4bb6M

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BREAKING!!! : Barry Silbert has RESIGNED from the board of directors of Grayscale Investments, LLC.

Bullish as hell in my opinion. Barry is a fraudster and this was probably a requirement for their ETF to get approved. submitted by /u/Bitbuyer313 [link] [comments] http://dlvr.it/T0cpqh

ViaBTC Just Mined the 4th Ever Bitcoin Epic Sat During The Halving

ViaBTC has not only mined Bitcoin’s fourth halving block, but it has also mined the fourth ever “epic sat”. http://dlvr.it/T5mmW3

What is your diversification strategy if any?

For a couple of years I've been 90% bitcoin 10% sp500. and then enough cash for emergencies. The reason I haven't gone 100% all in on bitcoin is only because I get a 401k match, and the best thing to get in that 401k is sp500. Many have said that an all-bitcoin portfolio is a terrible idea, even in this sub. But I still do it because I believe that other asset classes will bleed against bitcoin overtime because I think on the macro-scale, it will be bitcoin to back the value of all other assets. sp500, although it grows 7-10% a year, so does inflation. So after inflation, sp500 has only returned 1% According to SPX/USM2. I think bitcoin will demonetize gold and people will leave gold in favor for bitcoin as a store of value over the long term. I think that real estate is good, but you need a lot invested, and it comes with it's own problems. These are my reasons for wanting to go 100% bitcoin even though people in this sub tell me not to do it. So, since you guys do

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