"Bitcoin is so very low."
Hah, I mean no disrespect, but some of us remember the days of $10 BTC. :)
And just a little while back it was $500. So, let's have a little sense of proportion here.
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"Bitcoin is so very low."
Hah, I mean no disrespect, but some of us remember the days of $10 BTC. :)
And just a little while back it was $500. So, let's have a little sense of proportion here.
People have no time frame or perspective. Bitcoin was at 1000 dollars a year ago. A few months ago it was at 3000 dollars. Please people... We need a real crash to wake people up. Bring it down to 500 dollars. Would be hilarious to see the panic people would get. No Lambo for you.
I'm a little annoyed about the current trend in crypto where it's all about fiat profits.
And this is where I'm a hypocrite because yes, I have enjoyed my fiat profits. Yes, I'm a hypocrite; I got into BTC early years ago and I'm happy that I did.
But.
I remember the days when crypto was going to become a currency. A way for us to trade without the government and central banks meddling in-between. It was supposed to be a tax haven. It was supposed to be a big revolution of money and freedom.
We were never supposed to even cash out our crypto into fiat.
Whenever people talk about crypto, they never talk about the tech. They never talk about the fact that STEEM transactions are reliable and almost instant.
It's all about the lambos. The ironic thing is that the "best crypto" nowadays is whatever is the best "investment" - the end game being cashing out into fiat.
And yes, I've done it, too. But my point still stands. I still want something bigger. The end game should be something bigger.
It should be me being able to buy my groceries, a car and a house, travel, all of that, without having to pay taxes.
That's the end game.
Taxation is theft.
Yes especially the current high price of taxes. People would have no issue paying it if they actually got a nice return. But in the west you don't get that good deal back at the moment. Mainly because you are just a number. The taxes makes no difference for your local area that you live in. As technology have made stuff cheaper our taxes should have gone down at the same time and our salaries higher...