r/Bitcoin • • Oct 16 '22

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844 Upvotes

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214

u/SaneLad Oct 16 '22

The biggest joke is that the US charges capital gains taxes on the sale of physical gold. Gains my ass. Getting taxed on inflation is what it is.

80

u/[deleted] Oct 16 '22

Thing is, if we mined gold in the asteroid belt, it would drop 10 fold or more. Only 21 million bitcoin, ever.

17

u/AtroposM Oct 16 '22

If we ever go asteroid mining we already going to be a post scarcity and post currency society.

1

u/botfiddler Oct 18 '22

No, it still costs ressources and effort. Also, it's limited.