Do Tax Laws Prevent Bitcoin From Being a Savings Vehicle?

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Larsy asks "How do you view Bitcoin as a savings vehicle considering tax liabilities?"

Here's my response!

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7 comments
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Louis just to let you know I managed to get my chainlink back, I had to Change some settings in my ledger live in total they where gone for four days. Thanks mike

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That's great to hear Mike!! Glad you managed to solve it in the end :)

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Thank you!

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Greetings @louisthomas... Crypto-currencies can be seen or understood as "Other commercial effects" which allow us to buy goods and pay for services through the Internet. Therefore we can also see it as a savings vehicle.

Saludos @louisthomas las criptomonedas pueden verse o entenderse como “Otros efectos comerciales” los cuales nos permiten comprar bienes y pagar servicios a través de Internet. Por lo tanto también lo podemos ver como un vehículo de ahorro.

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That's good to know that there are minimal tax liabilities in place for holding Bitcoin etc, thanks.

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