Bitcoin: What Keeps Me Up At Night

120 Aufrufe

  • Danke für die Bewertung! Teile es mit Deinen Freunden!

    Danke für Deine Bewertung!

admin
Published
Get my new Bitcoin book:
https://www.amazon.com/dp/B08RX8Q4ZQ

In this video, I discuss the one thing that makes me lose the most sleep over Bitcoin.

I'm not worried about most Bitcoin FUD, but a U.S. unrealized capital gains tax on Bitcoin or other cryptocurrencies would create large selling pressure (at least short-term), as well as an exodus of wealth and talent from the U.S. It would also create a lot of weird volatility at year-end for Bitcoin.

If you didn't like this new tax law, you would still get snared by the U.S. exit tax on your way out of the country.

My hope is that now that enough U.S. billionaires own Bitcoin, the chances of this unfavorable tax change are fairly low.

Not investment advice! Consult a financial advisor.

Janet Yellen proposes unrealized capital gains tax:
https://www.cnbc.com/2021/01/20/oaktrees-howard-marks-on-unrealized-capital-gains-tax-janet-yellen.html

IRS tax law on capital gains:
https://www.irs.gov/taxtopics/tc409

Pair of FUD dice:
https://quinsolo.com/product/fud-dice/

Bitcoin and Tether FUD:
https://www.youtube.com/watch?v=rV2YIIv0uDo&ab_channel=TraderUniversity

U.S. exit tax:
https://www.forbes.com/sites/robertwood/2017/02/27/renounce-u-s-heres-how-irs-computes-exit-tax/?sh=782da7cd287d

A good reason to pay your taxes:
https://www.independent.co.uk/life-style/gadgets-and-tech/john-mcafee-arrested-tax-anti-virus-spain-latest-b830078.html

A crypto-friendly jurisdiction?
https://asiatimes.com/2020/10/why-singapore-is-emerging-as-global-crypto-leader/

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#BitcoinNews

Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
Kategorien
Bitcoin
Kommentare deaktiviert.

Als nächstes

Яндекс.Метрика Top.Mail.Ru