If you're a US citizen, the long-term capital gains tax you pay on Bitcoin is equivalent to a property sale (up to 15% depending on income). The long-term capital gains tax on Gold? 28%. Seems like another advantage to BTC over Gold.

Full disclosure: I hold both. But as an investor, I'm always looking at all of the various advantages in assets/positions. Tax implications are a big deal. To me and to institutional investors.

I won't be surprised to see a lot of institutional investors choosing BTC as their inflation hedge in this current economic climate over gold-- or at least weighting it heavier (like I am). Time will tell though.

Good luck guys!

Submitted May 16, 2020 at 01:06AM by john_carver_2020 https://ift.tt/3bzTp8q