Bitcoin Reddit

More / Bitcoin Reddit - 3 months ago

This feels like 2017 all over again

Who else was here in 2017 when BTC climbed an amazing 10% in the first 3 months? Between 31/12/2016 and 31/3/2017, it went from $965 to an incredible $1,079, in between rising to nearly $1,300 and dropping under $800 briefly. Feel familiar? https://c...

More / Bitcoin Reddit - 3 months ago

Why capital gains tax is pure theft

Say you have $100,000 you want to protect from inflation. You buy an asset (Bitcoin, Gold, Real-estate). In 5 years, your asset is worth $250,000. You sell and must pay capital gains taxes on $150,000 (at 20% that would be $30,000 in tax). But over...

More / Bitcoin Reddit - 3 months ago

This would never happen with Bitcoin

https://dailygalaxy.com/2025/02/geologists-uncover-one-of-the-largest-gold-reserve-ever-worth-78-billion-euros/ Another reason Bitcoin is superior is the limited supply that will never change. Here, another $78 Billion in gold was just uncovered whic...

More / Bitcoin Reddit - 3 months ago

Apple vs. UK Gov: Encryption Showdown

The UK government has ordered Apple to add backdoor access to encrypted iCloud data, citing security concerns. Apple is pushing back, arguing it would compromise user privacy. Rather than complying, Apple might remove encrypted storage from the...

More / Bitcoin Reddit - 3 months ago

Bitcoin tax regulations are infuriating

I was about to pay for a bitwarden premium subsciption and I noticed they had a bitcoin payment option. Just out of curiosity I looked up on the Canada Revenue site to see the implications of doing that. Using Bitcoin to purchase goods or services:...