drgo on Nostr: That’s useful. If you assign a 1 in 67 to 1 in 200 odds of government confiscation ...
That’s useful. If you assign a 1 in 67 to 1 in 200 odds of government confiscation of third party held bitcoin, then this IRA makes sense (roll over vs. newly bought). Or I should say when you feel probability of such confiscation reaches that high it definitely makes sense.
I need to ask them about putting bitcoin into ira directly (in kind). Because this way I can get tax discounts for declaring ownership of some coin…I have fully KYC’d coins I could do this without losing privacy (since I never had it on those coins).
Published at
2025-04-13 16:28:28Event JSON
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"content": "That’s useful. If you assign a 1 in 67 to 1 in 200 odds of government confiscation of third party held bitcoin, then this IRA makes sense (roll over vs. newly bought). Or I should say when you feel probability of such confiscation reaches that high it definitely makes sense. \n\nI need to ask them about putting bitcoin into ira directly (in kind). Because this way I can get tax discounts for declaring ownership of some coin…I have fully KYC’d coins I could do this without losing privacy (since I never had it on those coins).",
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