RootHodl on Nostr: Why does one incur a gain on an asset when selling it for a higher dollar value when ...
Why does one incur a gain on an asset when selling it for a higher dollar value when the purchasing power of those dollars is actually net negative to the purchase price of the asset? Capital gains tax being nominal seems kinda scamy.
Published at
2023-10-30 20:34:51Event JSON
{
"id": "b1e3bd8f4c7393de0e4abe8cfececbba20c3de8ad46a9b1adee2cb6ecd494024",
"pubkey": "72806d8876adf18f040142e5d21838c7f6d30fffb8c843aac56f15656bd4d162",
"created_at": 1698698091,
"kind": 1,
"tags": [],
"content": "Why does one incur a gain on an asset when selling it for a higher dollar value when the purchasing power of those dollars is actually net negative to the purchase price of the asset? Capital gains tax being nominal seems kinda scamy.",
"sig": "071f248f445b69d73f912d463dcb9e7268e5d287b0c06c88b4facb130b77210b674066203a3bc9783453bf38d26098bb309703931e78599dd986305261c73bb5"
}
