Once Bitten! A Bitcoin Podcast. cover image

@Saylor - The Year In Review 2022 In #bitcoin. #309

Once Bitten! A Bitcoin Podcast.

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Bitcoin Taxes - How Do You Do That?

First you have to educate yourself and the people. Then from there, put in place asymmetric laws or policies that make it beneficial for an individual,. an investor, a business person, or any other entity to do business with you. So how might you do that? Well, you could start with the tax code, right? Like, if I knew that there was no property tax on Bitcoin and there would never be a property tax, that's a start. The next one is income tax. If they were to actually say you're giving it the most favorable capital gains tax treatment or no capital gains, right? That's going to be a big advantage for you.

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