In 2014, the U.S. government & IRS determined that Bitcoin should be treated as property for federal income tax purposes.
Bitcoin’s five-year compound annual growth rate (CAGR) is 73%
For comparison 2019-2024
S&P 500 5-Year CAGR: 18.4%
NASDAQ 5-Year CAGR: 18%
DJIA 5-Year CAGR: 8.5%
Those who invested near Bitcoin’s 2022 lows… during some of the darkest days for the Bitcoin market… have today seen their investments grow by approximately 5x
matta / MattA
npub13l…chmy5
2024-12-30 02:01:55
Author Public Key
npub13ldzrxwy8x066ll5zf45qtcltms40ld7fsy4rejdlcc64my80lcslchmy5Published at
2024-12-30 02:01:55Event JSON
{
"id": "cf6983431faf0bead06aa133dd10fc90796cfd99ce620f93f221ccb9c9b07f3f",
"pubkey": "8fda2199c4399fad7ff4126b402f1f5ee157fdbe4c0951e64dfe31aaec877ff1",
"created_at": 1735524115,
"kind": 1,
"tags": [],
"content": "In 2014, the U.S. government \u0026 IRS determined that Bitcoin should be treated as property for federal income tax purposes.\n\nBitcoin’s five-year compound annual growth rate (CAGR) is 73% \n\nFor comparison 2019-2024 \n\nS\u0026P 500 5-Year CAGR: 18.4%\nNASDAQ 5-Year CAGR: 18%\nDJIA 5-Year CAGR: 8.5%\n\nThose who invested near Bitcoin’s 2022 lows… during some of the darkest days for the Bitcoin market… have today seen their investments grow by approximately 5x",
"sig": "8587c23dc9da2965950fd33bb06fa57cd125d0302ed5ecfaadd3c19620a28fcb177e430b0c14434224c46faa99b992c0a72a04e14c76e07ff81d7ffec9f7334f"
}