BitcoinStu on Nostr: I don't think you fully understood what I was describing. My selling and the ...
I don't think you fully understood what I was describing. My selling and the immediately buying back you harvest the capital gain rate of 0% but lose no purchasing power of your bitcoin.
Your money never even touches a bank. You simply move $45,000 of bitcoin to an exchange, sell it, buy it back, and withdraw it
Published at
2024-11-04 14:56:01Event JSON
{
"id": "eab0b3852d2ad5d90235cf23a1fe6aca3d5d53b7533c211718a394d566faad78",
"pubkey": "e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8",
"created_at": 1730732161,
"kind": 1,
"tags": [
[
"e",
"77a40c72c912e463a1b194b9bb7978eda7731535861680bc64e4cc3143a9bdd7",
"",
"root"
],
[
"e",
"3adca142adc2950e7c45bfb5c99311836ed26a0ca3ad18e179a5a67e231b003b",
"",
"reply"
],
[
"p",
"8398119563e54302c5449ac34c94be43a2ff5ccbce47bb3745d67722a6a27185"
],
[
"p",
"e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8"
]
],
"content": "I don't think you fully understood what I was describing. My selling and the immediately buying back you harvest the capital gain rate of 0% but lose no purchasing power of your bitcoin.\n\nYour money never even touches a bank. You simply move $45,000 of bitcoin to an exchange, sell it, buy it back, and withdraw it\n",
"sig": "12ee364873f6308e4db67ad2654437bdd5310bc9f020e16ae1ebf947b66400dc152ba43f9a4d4c5d6eeca8bfaea8557e804a13cdd1b595206728b493efe05ec7"
}