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You don't have to pay taxes on capital gains until you sell the asset. Satoshi hasn't sold his hundreds of millions of dollars in Bitcoin, they're just sitting
by aianus 11y ago
You don't have to pay taxes on capital gains until you sell the asset. Satoshi hasn't sold his hundreds of millions of dollars in Bitcoin, they're just sitting there on the blockchain where they were mined.
- Angostura 11y agoUnless Australian tax law considers Bitcoin a currency.
- NeutronBoy 11y agoIt doesn't