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37 sats \ 18 replies \ @SwapMarket 21h \ on: The wealth tax nobody talks about is inheritance / gift tax econ
or just leave your nieces/nephews non-KYC bitcoin in self custody
What's the point if they end up dying alone in a childless world, jumping from a balcony or taking a bunch of pills, or euthanised by the state?
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They will still pass fortunes down to their family, rather than some random people. Tax free.
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How many millennials do you think own non-KYC bitcoin or would know how to get it?
Let's have a serious discussion please.
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- My nephew is a project lead in a crypto (shitcoin) bucket shop. He will survive and teach the rest.
- I published articles on how to accumulate and spend under the radar.
- I don't expect to go any time soon.
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This has nothing to do with my post, it's a personal anecdote.
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All the millenials will need to know is how to spend non-KYC bitcoin. Uncles can leave instructions. Sirvival of the fittests, not the laziest.
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Yeah ok, but what has that got to do with the post?
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Non-KYC bitcoin left to nieces and nephews, or to any relatives really, is a better way to avoid inheritance tax compared to what you propose: leave your wealth to unrelated families. Or you are saying everybody will be dying completely alone soon? Rather, I am more eager to believe in longevity escape velocity or transhumanism, than this. For uploaded minds or brains in the jars storing wealth in bitcoin makes even more sense. Why do you limit your options to existing fiat system, that is dying?