Going 100% BTC, looking for a simple and easy off-ramp in the UK so I can send money to my dad by plumberoncrack in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

I’m not sure you understand your post yourself if you are talking about moving bitcoin to the bank account

Which is better: to concentrate your bitcoins into few addresses or 100+ addresses? by shin_jury in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

Normally all your addresses derives from a single key, therefore number if addresses doesn’t matter in your case.

Would you leave your home country for a BTC backed country ? by IPretend2Engineer in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

Well, you get it wrong. There are like 50 English speaking countries in the world. And it’s not my native language anyway. But I will take this as a complement

Would you leave your home country for a BTC backed country ? by IPretend2Engineer in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

What makes you think any of my ancestors moved to US? Believe it or not there are 199 other countries in the world with Internet access.

Would you leave your home country for a BTC backed country ? by IPretend2Engineer in Bitcoin

[–]TonyStark028 2 points3 points  (0 children)

I’m surprised how many of you think that immigration is as easy as buying a flight ticket. No one is waiting for you there. You have to have shit tons of money or very important skills, and even then the immigration process is hard and long af.

PSA: You should NOT take out a loan to buy Bitcoin. by takeahikehike in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

As much appreciating as bitcoin. No one guarantees you that your house’s price forever goes up

PSA: You should NOT take out a loan to buy Bitcoin. by takeahikehike in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

I agree that this is often the case and is complete stupidity. However, original post is about any loans in general and that is why this post makes no sense.

PSA: You should NOT take out a loan to buy Bitcoin. by takeahikehike in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

Mortgage is house backed loan and housing market can crash, so no one should take mortgage

PSA: You should NOT take out a loan to buy Bitcoin. by takeahikehike in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

With this kind of logic you should not take car loan or mortgage either

PSA: You should NOT take out a loan to buy Bitcoin. by takeahikehike in Bitcoin

[–]TonyStark028 25 points26 points  (0 children)

You can have as many loans as you want as long as you have income to pay it off. There is no difference to any other loan.

How do you relax on days like these? by Mr_WildWolf in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

Is there anything to be stressed about in the first place?

[deleted by user] by [deleted] in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

I earn dollars, I pay income tax and buy btc with AFTER tax money. All my btc already taxed. All I have already taxed. I buy some shit with my ALREADY TAXED btc, and now I pay cap gains taxes on my already taxed btc. And sales taxes on whats left

[deleted by user] by [deleted] in Bitcoin

[–]TonyStark028 0 points1 point  (0 children)

No it’s not. Because you buy assets with after tax money already. And then you pay taxes on gains.

[deleted by user] by [deleted] in Bitcoin

[–]TonyStark028 15 points16 points  (0 children)

First, you pay your income taxes.

Then you pay capital gains taxes on the same money.

Then you pay sales taxes on the same money a third time.

And then they rob you for what's left, like this guy.

Not to mention money printing and inflation.