Follow me to learn about Bitcoin. Fractional CMO. Prev: Head of Marketing @Krakenfx | Growth @Uber @Blockchain. Founder Zeroblock/Interchange (both acq)
Property tax is only wealth tax that exists in most countries.
That means that you pay the tax regardless of if you've made income or had a gain in value.
Which is different than income tax (you made income) or capital gains tax (your investment increased in value).
A common misconception is that volatility = risk.
This couldnโt be further from the true. All high growth assets were/are high volatility. How else would they go from obscurity to a mainstream asset?
Risk is not calculable, volatility Is what we plug in as an approximation.
@PeacefulBitcoin Thereโs no โextreme rightโ itโs simply the right rebranded by the left.
โOnly a few hundred placesโ and you think thatโs ok? ๐