read.cash Log in
@littlenewthings more from that month

Do you realise if you move your asset to a centralised service, you don't actually have your asset with you? I was listening to Digital Asset News the other day mentioned "unrealised profit", which is technically non-taxable because the amount pump in as "investment" have liability of loss (if the site goes down) My conlusion: Unrealised asset are not real asset 𝘂𝗻𝘁𝗶𝗹 𝘆𝗼𝘂 𝘀𝘁𝗮𝗿𝘁 𝘄𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗶𝗻𝗴 for real use at your external wallet. Other than that, you have "theorised asset" only because it is not yet realised 😆 And government shouldn't tax "theorised asset", because it is not in your wallet. They can only tax anything that comes in your wallet (depending country). 🤔 hm... #CryptoInvestment

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.