All Things Crypto

ATC quote · Aug 21, 2024 · 1:20:20

“now you're gonna now send them over to their accountant, they're gonna be like, oh, yeah. By the way, so you had an unrealized gain over here for 25%. You didn't do anything, but you're gonna get…”

Dave @DCBK2LA (speaker unconfirmed)

From ATC: Is @sunpumpmeme here to stay? Sponsored by $THON, Aug 21, 2024 · Episode page

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1:20:19 Kool @koolcryptovc (speaker unconfirmed): have no clue. You think

1:20:20 Dave @DCBK2LA (speaker unconfirmed): now you're gonna now send them over to their accountant, they're gonna be like, oh, yeah. By the way, so you had an unrealized gain over here for 25%. You didn't do anything, but you're gonna get taxed on it. But now that that's down, sorry, you can sell it and take the tax loss, maybe even it out, or you could just sit, wait, and hold. Where's the win? Where's the incentive there for literally anything? Like…

1:21:14 Voice C (speaker unconfirmed): God. It's it's like like, if we talk markets and politics, like, everything has basically been in stagflation for a number of years. Right? Like, Bitcoin Yeah. Like, bit... Bitcoin hasn't actually made an all time high with inflation adjusted. Like, with with true inflation, like, bit... In order for Bitcoin to hit an actual all time high, we would have to, like, cross 90,000. S and P, like, topped out, like, a…

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