296 sats \ 4 replies \ @broadmode 30 Jun 2023 \ on: Let's hear your controversial Bitcoin take. I'll go first: bitcoin
  1. Holding #Bitcoin in tax advantaged retirement accounts (like w/ Unchained) is only an advantage if you think taxes will be lower in the future than they are now.
  2. The real value of unregistered (NoKYC) sats is exiting the nation state and multigenerational estates, not fiat gift cards.
  3. One should use a dedicated laptop/device to interact with their #Bitcoin savings, not their daily driver.
  4. Retail isn't going to front run institutions like Bitcoiners are.
  5. El Salvador is vulnerable to late-stage imperialism by the liberal world order.
  6. BlackRock could very well succeed at paperification of Bitcoin in the medium term, effectively trapping most of the "dumb money" from exiting into Bitcoin.
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13 sats \ 1 reply \ @skreep_ 30 Jun 2023
regarding #3
https://airgapcomputer.com/
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0 sats \ 0 replies \ @broadmode 30 Jun 2023
I'm referring to isolating the computer you use to interface with your #Bitcoin even when using cold storage.
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0 sats \ 1 reply \ @021da48107 30 Jun 2023
Holding #Bitcoin in tax advantaged retirement accounts (like w/ Unchained) is only an advantage if you think taxes will be lower in the future than they are now.
If you think taxes will be lower for YOU in the future. The way the current US tax system works is you can easily make your taxable income less when you have a lot more money.
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0 sats \ 0 replies \ @broadmode 30 Jun 2023
Key words "current US tax system".
  • Demographics are skewing older in a big way.
  • The entire liberal monetary system is insolvent.
  • The reset of the monetary system will likely come this decade.
The real question is, exactly how creative will sovereigns be in confiscation going forward?
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