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JimBlackwood a day ago

I imagine they might wait, to make sure it’s legally obtained Bitcoin.

a3w a day ago | parent | next [-]

In which country would waiting help?

cyberpunk a day ago | parent [-]

In Germany at least if you've held the coin(s) for 7 years before selling you don't need to pay tax on the profit.

Not sure how this applies to donations though, and of course this will almost certainly be changed in the future, .nl is leading the way in taxing _unrealised_ gains; we are sure to follow!

T0Bi a day ago | parent | next [-]

It's one year, unless something changed recently.

la_fayette a day ago | parent | prev [-]

1 year

ksk23 a day ago | parent [-]

One year yes, and politics wants to change it..

yieldcrv a day ago | parent | prev [-]

Something that takes 5 seconds with bitcoin, faster than any other property type, is something you rationalize as taking 7 years

Why does HN collectively tolerate this level of understanding when it comes to crypto

nottorp a day ago | parent [-]

> Something that takes 5 seconds with bitcoin, faster than any other property type, is something you rationalize as taking 7 years

> Why does HN collectively tolerate this level of understanding when it comes to crypto

Well that's really funny. Because the 7 years are about tax liabilities not the speed of bitcoin transactions.

So maybe you made a statement about crypto advocates here...

yieldcrv a day ago | parent [-]

Legally obtained bitcoin is what the person I responded to said, suggesting anti money laundering concerns which are the concerns I responded to

And the tax liability sister comments all disagree with each other

Notably, the parent commenter hasn’t replied at all yet