USA

TheresNoSecondBest

Are you trying to say, you've never used it, despite hearing about it for this long? Here's how spending bitcoin IRL looks like: https://youtu.be/Tlhvnpi2ukA I'm using Bitcoin almost on a daily basis. Buying groceries, paying for meals, taxis, domains/hosting, VPN... Spend and replace is usually the name of the game so no, I'm not spending bitcoin while saving in cash. If you're thinking about spending some, here are my favorite directories: http://lightningnetworkstores.com/ https://btcmap.org - awesome map, you can even add your local vendors in, once you orangepill them. https://acceptlightning.com/list.html https://spend-sats.com/ https://spendabit.co/ https://directory.btcpayserver.org/ There's also an option of buying gift cards https://thebitcoincompany.com/ https://bitrefill.com https://www.egifter.com/buy-gift-cards-with-bitcoin - this one's least fave because they use a shitty custodian for payments but are handy for a few cards. Spend and earn some sats back: https://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin https://www.lolli.com – save up to 30% by spending BTC anywhere but primarily USA stores https://satsback.com/stores-list - save up to 20% by spending BTC anywhere but primarily Europe stores.

loud1337

Krakens HQ is in Wyoming and when in USA you are using that entity.

spydrthrowaway

This. People should be getting multiple residencies and passports anyways. Opens up lots of doors. Especially when those old paths (USA, Canada, western Europe) just want to hound you for all your money.

oldnoob2024

It’s not. The prediction that it may be in a decade is more likely true today than it was in 2008 because many former allies are selling off treasury bonds to buy gold because they no longer trust USA.

fishykisss

And what happens, if if USA attacks Iran? 55k?

nitaai_nostrasifu

Travel across the border, open a bank in the USA. America gives zero fucks about aml and kyc.

counter_perspective

This fundamentally not true, and why nobody is speaking on this is quite odd. Here is a break down in Macro logic. 1. Iran conflict. This is a very big deal and effects all aspects of the global economy. 2. Inflation/USA economy. Not incredibly strong, better but back to firing on all cylinders. 3. Risk asset, I really don’t care and neither does the world on how much conviction you or anyone else has of bitcoin’s future. If the world believed it, you would see it rise with safe haven assets. Ie gold, silver. 4. This is not spoken about enough, when institutions got involved, they can and do trade billions daily. Up - Down. It doesn’t matter the house/market makers win. They make their profit regardless. It doesn’t actually need to hit 1m-10m per. They can make 1000x-10,000x that in between The long awaited rise. Case & point, every morning between 8 AM and 10am while btc chops. The traps of the day if you will are set. 5. Less important but whomever said the weekend doesn’t matter is not paying attention. USA Sunday. Asia trading time. The logic is very much here. I just think to many refuse to look at all available data

elbenya

Maybe it has to do with the Asian markets opening today, showing the digestion of the Friday bad news in USA

SpecialistMattress21

I purchased via a friend back in 2013 and when i cashed out, i just paid long term capitial gains tax on it. i never had an audit or anything, i think the irs (USA) just saw it and it was legit.

Quirky-Reveal-1669

I would never claim that America/USA is my ideal place. I am just looking for a place where responsible, freedom-loving, hard-working men are willing to pay a collective fee, for whatever needs to be collective - but not more than that. In the Netherlands, and frankly also in the EU, citizens are currently enslaved to sustain an ever growing government apparatus. The Dutch government has been the biggest employer in the Netherlands since years! The tax on unrealized gains purely comes from some government deficit on a spreadsheet. The government even acknowledges that this is not ideal, but they need it, in order to sustain THEMSELVES!

OutlandishnessLimp25

If you’re in the USA and not in Nevada or New York, I recommend River. (www.river.com) great team, awesome service. They also provide proof of reserves.

jwilson9029

what’s an app like that for USA ?

uncapchad

presume you are in the USA? chatgpt says: FIFO - If you've held some for over a year, selling using FIFO means those long-term holdings are sold first, potentially qualifying for lower long-term capital gains tax rates HIFO - The most expensive Bitcoin (highest cost basis) is sold first. This minimizes capital gains and is often optimal for tax efficiency, especially if some of your purchases were at much higher prices than current market value If you want to minimize gains, **HIFO** is generally best. To qualify for lower long-term capital gains rates, **FIFO** may be preferable Then it gets complicated: IRS allows FIFO and Specific Identification (which can include HIFO or LIFO)*. You cannot switch methods year-to-year without justification, and Specific Identification requires detailed records*. So in the case of Bitcoin, I guess you would need coin control and specify which UTXOs you'll be selling. It also says "you must document your choice **before the sale** and identify the UTXOs. You cannot wait until a price target is reached and then choose UTXOs retroactively. If you don’t specify beforehand, the IRS defaults to **FIFO**

hipdashopotamus

It's a metaphor for the USA as a whole lol

Consistent_Many_1858

Fuck USA for fucking up the world.

usedmattress85

I only buy ETFs (in Canada we had them waaaay before the USA) and it’s held within a Tax Free Savings Account so zero taxes paid.

sevoflurane666

I have more confidence in tether than the USA dollar At least tether is back by gold bonds and bitcoin

bitusher

1) https://learn.robosats.com/ https://www.youtube.com/watch?v=QISRoZxQaAs&list=PLigSCpZv02e8s-VBPGZ6XL5v925up0VBy 2) https://bisq.network/ https://www.youtube.com/watch?v=nU1s1Rk3no8 3) https://vexl.it (outside USA) 4) https://hodlhodl.com (outside USA) https://www.youtube.com/watch?v=epLslPQC-EA are popular If using a DEX like bisq or robosats you will need to have a small amount of btc to get started though https://bisq.wiki/Getting_your_first_BTC Bisq 2 allows you to buy without a security deposit : https://www.youtube.com/watch?v=BUoiUSUkMGw

KateR_H0l1day

So, now we are across the board at 10% tariffs, which previously caused large swings in, but this time it’s basically nothing at all. The one thing we can be sure of though, while we’ve seen notable price increases in most things, this tariff reduction will not cause prices to reduce for us, the consumers in the USA. I’m betting that the corporations/importers are rubbing their hands right now, higher profits on the way.

xM1XU

Idk but USA debt is projected to be 63trilion by 2035. And the money supply will increase th same amount.

crazy_lolipopp

Trump is honestly the most inspiring person ever. Because if HE can become the president of USA TWICE, then anyone can do anything in life.

uncapchad

OK so how do we give the USA a timeout then? Asking for all friendly nations

itsaworry

Compared to other countrys round the world , the USA is really young , like 250 years old . Other countrys had their people a 1000yrs , 2000yrs , since history began some of them . So America like a teenager , doing teenager stuff and thinks it knows it all . Can be difficult to live with .

Fluffer-fluf

Crazy. But long?? With the current military buildup and the USA having to pay back 150b..on top of a 40 trillion debt. I’m betting on a recession myself with my 100 bucks short 😅

Internal_Custard_746

I dazi di Trump sono stati una sciagura innanzitutto per l'economia USA, oltreché un'idea semplicemente demenziale per l'impatto assolutamente negativo che hanno avuto sugli assetti geopolitici mondiali. Chiunque difenda i dazi di Trump o è un MAGA o non capisce nulla di economia globale.

Toyake

It’s absolutely getting reported. It’s 2026, if you think half a million dollar transactions aren’t getting reported idk what to tell you. We already have a wealth taxes in the USA, it’s called property tax. In the future we’ll 100% be expanding that to cover stocks/assets because capitalism eats itself otherwise.

Few-Chemist-3463

Except they aren't -- might want to double check those facts. Only cash transactions. And there won't be any wealth taxes in the USA. Good luck passing that here. And if there are, it should only apply to those with 100m+ NW

Few-Chemist-3463

In the USA only cash transactions over 10K are reported. I can buy 10ozt at a time from a dealer via wire or check, all day long and it's not reported to anyone. All I am saying is, if rich people want to hide assets and avoid a wealth tax. It's not that hard. They have more advanced vehicles to do so than just buying bullion from a wholesaler.

Toyake

If you’re buying $500,000 in gold, in cash, then your bank has a record of your withdrawal and the shop has a record of your purchase. In the USA transactions over $10k are reported, as are purchases. If somehow you’re able to accomplish this, the sale is also heavily scrutinized, documented, and reported. This fud has a bunch of broke boys going to bat for billionaires so they can protect their hundreds/thousands while accepting that the rich will not pay taxes on billions.

oopssomething

Another USA holiday today? Or why aren't we dumping?

Academic_Attorney996

USA will fall behind if they don't get their act together.

Academic_Attorney996

If USA don't pass the Clarify Act, it will be come UNClarity. Other country will win and become Clarity...lol

perth_girl-V

Can you provide any evidence the UK is or has deployed and Military assets to support the USA ?. None of the other common wealth country's have showed they will support Trump if anything they wouldnt piss on trump if he was on fire and any government that did send support is pretty much done in the next election

OrcOgi

Figure that out yourself bozo. Betting be quick. USA entering Iran end this week.

FunnelCat

Go put it in polymarkets betting that USA will have conflict with Iran before the end of February, betting Israel will have a conflict with Iran before the end of march, that the Iranian leader will no longer be in place by the end of march.

Vegetable-Roof-9589

Can we, in the EU, doing the same as USA?

psi-storm

No, you keep 64% of the profit you make each year. The government just doesn't want to wait decades to tax your profits, when you finally sell. Or never tax it, like in the USA, where you just take on debt covered by your assets until you die. Your kids then get the assets tax free, clear your old debt and start a new debt for their own, so they don't have to sell their assets never too.

Full-Sound-6269

As far as I know government doesn't pay losses back to anyone in Europe, so losses are purely yours and gains are ours. Correct me if I'm wrong, I only know of USA that compensates losses.

KILLACALLI

I like how they call Canada USA 😂

Glittering-Pizza894

That’s crazy, my work is 20 min, parents is 2 hours, gym is 10 min. - USA based, and I’m considered lucky, my mother drives 1 hour to work a day

exposed_anus

Cool ill stay in the USA thanks

BrassBruton

Property taxes are typically like 1% of the assessed value in the USA. 36% of an unrealized gain is insane. I guess that's the difference

Arbiter_89

I think anyone who says BTC has no value besides criminal uses is either not educated on Bitcoin or is being totally disengenuous. I'm willing to listen to people with differing opinions, but if they clearly are uneducated on the topic or are arguing in bad faith there's not much value in continuing the conversation. That said: Even if you ignore Bitcoin's value proposition as a store of value, (which is being very generous) you still have to address the fact that bitcoin accounts for roughly 9-13% of remittances from the USA. If you're sending money to your family abroad you can either pay 5% to transfer fiat, then an additional fee to convert it to their home currency or you can just send bitcoin for less than a dollar. That alone is a tremendous value for the millions of people sending money abroad. Setting aside value for the everyday person: if countries need a strategic reserve and they keep it in fiat they may be easily subject to sanctions. If they keep it in bitcoin or gold it's a lot more difficult to effectively restrict their trade. Again, that is an incredible value. There's more arguments to be made, but these are immediately visible to anyone who does any level of research.

369__NTesla

I don’t use USA banks so I would know

krtyalor865

Ok. So do you agree that it’s harder to find details about a given transaction with blockchain than vs traditional banking? It’s unregulated and no one can stop people like the president of the USA from accepting bribes on the side.. Currency of any form, not just used but being actively promoted by ANY sitting US president must be regulated by some entity with law enforcement implications . When talking about implications, It’s the ultimate Pandora’s box without SOME kind of safeguards in place

No_Oil_8880

Just start commiting crypto fraud like president of USA and plenty of influencers :)

Zaitobu

I just found out it's President's Day in USA today. it's a federal holiday so the U.S. stock market is closed. I guess that will have an impact on how busy it is here. But mostly it's quiet because we're in a downturn and the charts have flattened out for a few days. it doesn't matter if it's a shitcoin with a $100k market cap or Bitcoin, people go quiet when the hype dies down. A big swing either way and people will flock here to talk about ramen / lambos as appropriate.

watch-nerd

I have no idea how they came up with the USA number, as it can range from 0% (if low income, long term capital gains) to as high as 37% (high income, short term cap gains).

Quandale_Pringle69

I will hope for the best I guess USA has it all in its hands…

LeoMSt

I like how you talk about the Canadian court system like it's a joke compared to the USA. I hate to break it to you but America is losing its "greatest country in the world" status at an extremely fast pace whether you believe it or not.

TheresNoSecondBest

**Great job, mate!** For anyone interested, here are some ways how to spend some sats: http://lightningnetworkstores.com/ https://btcmap.org - awesome map, you can even add your local vendors in, once you orangepill them. https://acceptlightning.com/list.html https://spend-sats.com/ https://spendabit.co/ https://directory.btcpayserver.org/ There's also an option of buying gift cards https://thebitcoincompany.com/ https://bitrefill.com https://www.egifter.com/buy-gift-cards-with-bitcoin - this one's least fave because they use a shitty custodian for payments but are handy for a few cards. Spend and earn some sats back: https://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin https://www.lolli.com – save up to 30% by spending BTC anywhere but primarily USA stores https://satsback.com/stores-list - save up to 20% by spending BTC anywhere but primarily Europe stores.

Deetoo8554

☄️ Bring me all the crypto,com COUNTRY 🇪🇺 EUR 💶 EUROPE & 💵 USD 🇺🇸USA💱 Giving 50% 📊 Come 🙂 💬

Nearing_retirement

One reason the USA is good is because when a state pulls this bullshit people have freedom to easily move to another state. USA has its own problems but this nonsense at least it doesn’t have.

Actual_Pattern_265

Key word is trade. Of course you're taxed on trades in UK or USA because you are taxed on the disposal of an asset. Doesn't matter if you trade for another crypto, or USD or hookers. The sale of an asset is a taxable event. The NL law taxes unrealized gains - i.e. no sale / trade is required. These are not comparable.

EmbarrassedFoot1137

Fine, so there's an arms race and it goes 30% USA, 30% PRC, 30% EU, and 10% everyone else. WHAT CHANGES?

EmbarrassedFoot1137

Fine, 50% USA and 50% PRC. What changes?

EmbarrassedFoot1137

So let's say the USA controls every single BTC. What changes tomorrow?

LooseSpot4597

No chance. If anything single event is going to break the 4 year cycle it will be a major announcement from USA or another superpower e.g. china to make bitcoin legal tender.

Putrid_Pollution3455

You should own both. If USA companies continue to do well, the sp500 will continue to grow and spit out dividends every quarter. Owning the means of production is always a solid play. What I like about bitcoin is similar to why I like gold; dead assets cannot die. Companies go bankrupt. The average lifespan of a publicly traded company is 15-20 years. Stocks CAN go to zero, get diluted get mismanaged, get out competed, sued into oblivion etc. But gold is eternal, and bitcoin essentially is now as well. Eternal vs sempiternal. I like the idea of "owning nothing" with a price tag that violently fluctuates. Nothing cannot be destroyed. It's like part of the matrix. It requires slightly more trust than gold, since gold can exist even when we all die someday, with no electricity or network, but bitcoin is more efficient in every category as gold and will work better than gold so long as there is electricity and a network of living human beings.

Beginning-Bird9591

that can still occur if you trade it for another crypto in the UK or USA fyi.....

schooner-of-old

Australia is ahead of USA in terms of timezone lol

srtmungai

I need wise USA

stuart_nz

It wouldn’t be hard to figure out my identity and link it to past blockchain transactions but luckily I don’t live in the USA with the DEA force and prison being a willy nilly thing.

Suibeam

The USA is in total chaos and the bad news are stacking this year. The drops the past cycles were all pretty similar between 75-83%. Even if it is only 65-70% we would still be in the middle of it

MobilePenguins

It’s not at all a W, it’s a huge risk that could lead to it not being able to do business with vital markets like the USA and Europe.

regalrecaller

you can move from the USA to somewhere without extradition to the USA to get away from us taxes

Ar0war

Specially right now... I dont know if you realize the look usa is having in the rest of the world. How many holidays days do Americans have on average? Germany: average 8 h/day, 40h/week 20 days free AT LEAST, most have 30 to 35 Imposible to fire people with a a good reason Universal health care Paid sick days, no question ask Parental leave No emails or shit work during no work hours. You work to live here, you don't live to work. USA: Companies doesn't need to give people any holidays per law. "At will empolyment", you are easy to get fire. Healthcare connected to your work No sick days and usually not payed Your value is how productive you are USA is good if you are ambitious and want to sell your soul and be a corporate slave. There is no way many people here would want to go there dude, you are delusional.

LooseSpot4597

I am doing it based on time. Most recent cycle I was expecting it to peak at $150k which obviously didn't happen, but you could see roughly that it was going to dip by end of 2025 and it was risky to wait until very end especially as each cycle seems to end like a month earlier so I sold everything at $110k a few weeks before it crashed netting $1.4 mil. You can see the low should be roughly in October, and while I'm hoping for it to drop under $50k if it doesn't by about august I'll probably just buy anyway instead of risking missing the start of the bull. I am also buying/selling in one go, this is to minimise stress (I live in the UK where $1.4 mil is A LOT compared to USA) even though it might not be the most logically sound thing to do because nothing will kill success quicker than stressing/psyching myself out. I will keep monitoring it obviously to see if it looks like 4 year cycle is repeating or no longer true. I disagree with DCA for my case at least... at my level I can't contribute a meaningful and the increase between peaks is getting significantly worse each time.... however the percentage change between the highs/lows is staying much more constant. I also moved to a tax haven in anticipation of this sale which has helped a lot and should help a lot in future too.

LooseSpot4597

Thankyou. Obviously it's a big deal in the USA too, but where I live (UK) where even doctors barely take home $100k after tax it's life defining. No the key thing I'm doing now is basing it off of time and planning far ahead, not just watching it closely. Obviously I observe it but would only be concerned if things weren't going to plan which just isn't the case, and if they are then I'll adapt. I think buying now is ok, but be prepared for it to drop more. The really dumb things which kill people are buying right when it's at ATH after a bull, panic selling once it has dropped significantly or being indecisive when to buy/sell because it isn't doing what you want and then refusing to update your plan.

Suibeam

Many bad shit can happen this year with the USA going ape shit. Washington is repeatedly trying to provoke an uprising to implement martial law. Trump is very old and has signs of mini strokes here and there, which could result in an early end of his presidency. The american job market and economy is prettt bad right now. Their debts are crazy. USA is using military more again now. Plenty of shit that could happen now which wasnt a thing in the last years. Though I think it doesnt need a big event to drop that low. It all depends if the bitcoin eft matter. So far it hasnt

OutlandishnessLimp25

Sounds like you know yourself and shouldn’t trust yourself with such responsibility of a cold wallet. That said, River is trustworthy and if I had to keep my bitcoin on an exchange I’d choose River. They do proof of reserves and a solid team overall. https://river.com/reserves They’re USA only (minus New York and Nevada). Good Luck!

oopssomething

At least we can still trust the USA; already securing my beer money

2LostFlamingos

I have a big spreadsheet of all buys and sales in USA.

oopssomething

My shorts are suffering this morning, need USA to wake up and realise those profits

takeyouraxeandhack

You forgot about the entire GDP of the USA.

FromtheBigO

Extra emphasis on the self protection / not mentioning how many Sats / BTC. This is a worldwide website, but I believe the first comment was adding you and not revealing your country of origin/anything location wise that could come back at you in a negative way. There’s a lot of hackers and scammers, from Middle USA to Italy & back a million times.

Low_Midnight1523

Best way to buy crypto in the USA? I’ve been using OpenSea for trading because it’s all wallet-based and non-custodial, so no hidden fees or withdrawal delays. Plus, multi-chain support means I’m not stuck with just one token or blockchain which really helps when moving large amounts.

NOIRCEUR_TRADING

ZA originally, but live in the USA 6 months of the year, then in Italy for the other 6 months.

martianfrog

I'm a spectator right now... where is USA right now in terms of fear of recession?

AdSevere1274

Cartels and gangs are 5th largest employers in Mexico.. In some cities in USA they are 3% of population. If they want to eat, they have to convert it to real money.. Their monthly income!!

AirReddit77

There is an hypothesis that the Federal Reserve is engineering the failure of the dollar. It is owned by private banks joined in a global cabal by their membership in the Bank of International Settlements, a wholly owned subsidiary of the globalist, eugenicist, Zionist Rothschilds. Destruction of the USA is vital to any plan for global authoritarian government, AKA the New World Order.

Maleficent_Ratio_25

It's falling because he's selling off his stash, ready to buy it back at a lower price. Then a bunch of mugs will jump on the upward trend, pumping it higher. Trump will say something positive about crypto, making it spike even more. Then he and his mates will sell, causing a new price crash for the rest of you.  You can save all the hassle and wasted electricity by just sending Trump all the money you have. His address is.  D Trump The Whitehouse  USA. 

BacchusAndHamsa

No, USA's share of global production. That makes dollar the reserve currency too (might be slowly losing that). Russia could obliterate the same fraction of the world's cities as USA but they aren't the movers and shakers of the financial world.

almodsz

No. It's pretty much just straight up the tried and true ability of the USA to destroy economies or sink enemy warships. 🇺🇸

Zealousideal_Owl2388

Makes me glad to live in the USA, though democrats have proposed something similar, I doubt it would ever get passed.

Affectionate-Bid386

It's similar to holding, in the USA , commodities and crude oil and similar ETFs. You're taxed on mark-to-market gains at end of year even if you haven't sold. Note that GLD and SLV have a different legal structure so even though they are ETFs you're only taxed on realized gains and losses.

Foreign-Stable8710

People don’t realize the importance of economic shock absorbers. If we don’t print money during Covid, global business would seize and economic collapse would spiral. On the other hand currency manipulation gives certain countries like China or early USA, massive economic advantages that can’t be replicated through a universal transparent cryptocurrency. Countries are in perpetual economic war, and nobody is going to play fair.

1tsBag1

Common people suffered a lot during the Great Depression. I think a certain socialist policies which USA did to get out of the Great Depression is the way to go if we were to switch to a money backed by some asset (btc, gold whatever)

-5H4Z4M-

For sure if Satoshi was ever American, USA would brag about it since Bitcoin's creation.

verysillyman

The USA sends its regards to your portfolio

Competitive_Deal1003

I been doing some research with BTC and came across China's silver market being uproots with more and more being a scam of silver plated iron bars. So i did some research, decided to use google translate "silver alternative investment strategies" from english to chinese. I looked through some sites with a VPN and i did come across a forum talking about holding "cryptos for moments at a time". I assumed that translations were not perfect so Im assuming someone was suggesting shorting cryptos. By the behaviors of the charts it i am testing whether if it is bait during the USA daytime and rug pull during the night deal. If anyone can help me validate or invalidate this search method, that would be great.

OrcOgi

When he launched that stuff i sold everything. Best decision. Not here sticking around for grifter clown to ride my money to 0. Coming back when USA riots are done and he is dead or jailed.

martianfrog

Is there still fear of recession in USA?

Emulated-VAX

Two month old post but I've been using Robinhood lately (USA resident) and I'm really impressed. I'm not a trader but a long term holder and have sold some. I'm impressed with Robinhood as I can transfer coin from my cold wallet to Robinhood, sell, and transfer cash to my bank, sometimes literally within 10 minutes. With Coinbase it always seemed to be a protracted affair. In the year or so I have been using Robinhood I have always been happy, and now they have Prediction Markets too. So an upvote on them being a solid choice for USA residents and easy to deal with.

elidevious

Not a registered voter. Never have been. Don’t live in the USA. Just calling it like I see it. It is what it is.

Lord_Alamar

No no, it's the USA in its entirety. Trump, other government officials, and the general populace alike

Material-Gift6823

USA also pumped it in 2024 🤣

jwz9904

it's just trump, not USA

Lord_Alamar

New daily, new opportunity to remind that this failed cycle is **ENTIRELY THE FAULT OF THE USA**

Lord_Alamar

Reminder that this failed cycle is **ENTIRELY THE FAULT OF THE USA**