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by JumpCrisscross 865 days ago
> BTC is, functionally, just an alternative asset that hedges against inflation

Bitcoin is a terrible inflation hedge. This is quantitaitvely demonstrable over its entire existence. It's a good gambling asset, and in my opinion, should be taxed as such.

1 comments

In some countries, that would decrease the taxation! (In the UK, for example, gambling income is tax-free)