Replies (12)

Go for it! This may also just be my accidental way to force myself to never sell any. It's literally the IRS is going to put me in jail for not remaining 100% invested. Anyone want a new house, new car, or have emergency bills? The answer will be: do you want me to go to jail?
Haven't watched yet, but what if we just ignore all of this garbage from the IRS?
JW Weatherman’s response to this video: It’s so sad you are promoting this FUD. Taxpayers are still allowed to use specific lots accounting. This means they can arbitrarily pick any purchased bitcoin as their sold bitcoin retroactivity at the end of the year. Your 1099B should be accurate on the gross sale, but it’s only a slight convenience if it has the correct cost basis (it rarely does). So absolutely nothing has changed except you probably got paid to sell fear and less likely you got suckered. Comment sir?
Nate's avatar
Nate / 1 year ago
I do not understand why anyone would follow this terrible advice. Fuck the IRS.
I think you need to have spine enough to not use either. It's not their money. Fuck that. Fuck them.