I obviously don't understand this but if it is a crypto currency, how does the gov'mt know i "cashed out" and charge me cap gains tax? how does the gov'mt tax my gold bullion bar when i use it to buy my big mac after the apocalypse?
----- Original Message ----- From: Steve Jones To: [email protected] Sent: Tuesday, December 5, 2017 8:51 PM Subject: Re: [AFMUG] BTC 12k+ This is getting insane. So many people are getting so rich. When this bubble bursts though its going to be bedlam. Imagine the proposed laws that are going to be presented. This may be a moment in history where we get to witness something as momentous as the moon landing. As long as governments and major corps dont vest we wont have to see 1929. Im negative about cryprocurrency replacing money because i understand the concept of electricity. But i read an article the other day so negative it made me want to take another mortgage and buy in to spite the author. It was about getting in more than a year ago and how it would basically be a disaster because capital gains tax. His math was even correct and still it was a bad thing, because apparently making a shit ton after taxes is utterly aweful and terribly poor financial decision. On Dec 5, 2017 8:37 PM, "Travis Johnson" <[email protected]> wrote: How high can it go?? When do you sell?? What's a "fair" return?? Travis
