@krispy_donkey posted about wanting this un-paywalled here.
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zaps forwarded to @krispy_donkey (50%)
598 sats \ 2 replies \ @343pg 20 Dec 2023 freebie
Thanks for sharing. Feels intellectually dishonest when reporters write this type of stuff without mentioning that in the UK currently spending Bitcoin could land you liable for capital gains tax - a big barrier to a regular medium of exchange if I ever saw one.
Particularly since this same reporter has an article linked at the bottom of the page from only 2 weeks earlier called “Declare your crypto gains, taxman says”
Oh, and an article about Craig Wright 😱
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543 sats \ 1 reply \ @nullama 20 Dec 2023
Most countries in the world see Bitcoin as an asset, so capital gains apply.
But, in El Salvador you don't pay any capital gains. In Australia you only pay 50% of it if you held for at least a year, and I think in Germany and Austria you pay 0% capital gains if you held it for at least a year.
So, in some countries you might not pay any capital gains tax as long as you have at least a one year buffer between your BTC purchases and sales.
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0 sats \ 0 replies \ @343pg 21 Dec 2023
Yes - rules vary for sure. Ultimately it will be game theory between nation states in the long term as to who realises it might actually benefit them to encourage Bitcoin adoption.
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85 sats \ 0 replies \ @Catcher 20 Dec 2023
Story about guy who doesn't understand bitcoin who tries to spend bitcoin. Almost threw up reading it.
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100 sats \ 0 replies \ @Bitman 21 Dec 2023
Here's another The Times of London article from today.
This second journalist is very clued up on Bitcoin - and maybe the paper too.
Lately we're beginning to see a 180° turn in the serious mainstream reporting.
#360388
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0 sats \ 0 replies \ @brave 21 Dec 2023
Good seeing the stats about Bitcoin users using it to pay for services, as time go on, the percentage will rise
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0 sats \ 2 replies \ @krispy_donkey fwd 20 Dec 2023
thank you! now how do i reward you more than 1 sat
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2500 sats \ 1 reply \ @k00b OP 21 Dec 2023
You can click on the bolt multiple times or press and hold it.
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1669 sats \ 0 replies \ @krispy_donkey fwd 21 Dec 2023
click and hold, thank you! omg look at all your sats :rofl:
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0 sats \ 0 replies \ @kytt 20 Dec 2023
Trash.
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