I put 90% of my assets into Bitcoin. I then took out a loan with BTC as my collateral (100k) and I live off that loan. It can’t be taxed because it’s debt. Then after 1 year, when the balloon payment is due, my Bitcoin has appreciated far more than the loan’s worth, so I pay it back and I’m still moving exponentially ahead.
Fuck Biden, fuck these taxes. I’ll live off your worthless fiat debt while my real assets are never touched. Fuck these clowns.
I put 90% of my assets into Bitcoin. I then took out a loan with BTC as my collateral (100k) and I live off that loan. It can’t be taxed because it’s debt. Then after 1 year, when the balloon payment is due, my Bitcoin has appreciated far more than the loan’s worth, so I pay it back and I’m still moving exponentially ahead.
Fuck Biden, fuck these taxes. I’ll live off your worthless fiat debt while my real assets are never touched. Fuck these clowns.
yes, assuming your collateral appreciates...