According to Cathie Wood, CEO of the $7 billion asset management firm ARK Invest, the incoming administration is positioned to make a significant move on cryptocurrency taxation. Specifically, Wood suggests that eliminating capital gains taxes on Bitcoin payments could become a reality within the year. The prospect has stirred considerable conversation across crypto markets and policy circles. With midterm elections on the horizon, the regulatory landscape around digital assets may experience substantial shifts. Investors watching Bitcoin's policy trajectory should stay alert to potential tax code changes that could reshape how cryptocurrency transactions are treated.
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MevShadowranger
· 01-11 21:54
Cathie Wood is starting to make waves again, suggesting eliminating capital gains tax on Bitcoin? I just want to see if they can really pull it off.
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ZkProofPudding
· 01-11 21:54
Alright, Cathie has issued another tough statement this time. If they could really eliminate the BTC capital gains tax, I would kneel and thank the US government... But on the other hand, is this even feasible? It feels like another empty promise.
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fomo_fighter
· 01-11 21:53
Cathie Wood is talking again? Tax-free Bitcoin payments sound ridiculous, it feels like another hype before a new wave of retail investors getting caught.
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MEVEye
· 01-11 21:53
Wood Sister is starting to make statements, feels like another big pie a year...
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MEVHunter_9000
· 01-11 21:48
Cathie is starting to make headlines again. Is this time about tax-free Bitcoin? Just listen for now; let's see if it actually materializes.
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DefiOldTrickster
· 01-11 21:38
Haha, is Cathie Wood starting to hype again? The idea of tax-free Bitcoin payments, I've heard this story too many times.
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If they really cut capital gains taxes, I would have become rich long ago. Wake up, everyone.
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Don't be fooled by election cycles. They say this every four years.
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Interesting, the policy benefits haven't even been implemented yet, and you're already calculating annualized returns?
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I just want to know, if it really becomes tax-free, how big would the arbitrage space for going long on Bitcoin be?
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Bro, believing half of this is enough. Capital gains taxes are not that easy to cut, better to think about how to hedge against risks.
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Another "major news" that disturbs the market. I still find on-chain data more reliable.
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LiquidityWitch
· 01-11 21:26
Oh my, if that really happens and Bitcoin achieves zero tax rate, I would go all in directly.
According to Cathie Wood, CEO of the $7 billion asset management firm ARK Invest, the incoming administration is positioned to make a significant move on cryptocurrency taxation. Specifically, Wood suggests that eliminating capital gains taxes on Bitcoin payments could become a reality within the year. The prospect has stirred considerable conversation across crypto markets and policy circles. With midterm elections on the horizon, the regulatory landscape around digital assets may experience substantial shifts. Investors watching Bitcoin's policy trajectory should stay alert to potential tax code changes that could reshape how cryptocurrency transactions are treated.