Originally posted by fullyautomatix
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Can you put Bitcoin in an ISA?
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Originally posted by Lance View Postnot if you don't declare it. How they gonna know you've got it?
"Why is this money in your account" seems a reasonable query to me.
Also, I have no interest in fraud even if it's easy. Maybe especially when it's easyLeave a comment:
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You can buy shares in Argo blockchain which is a Bitcoin miner, via shares ISA. Shares were 5p last year and this month shot up to 100p.Leave a comment:
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Originally posted by d000hg View PostI don't get the first part. If you'd put a grand in BC a decade back wouldn't that be a gigantic tax bill?
And if you want to cash out enough such that a large tax bill might be a problem then you exit BTC to an offshore bank.
The biggest issue with offshore banking these days is getting the money in and out. Crytpo coins provide a route for that.Leave a comment:
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Originally posted by DealorNoDeal View PostBitcoin fell over 20% in the past 6 days from a high of $40k to under $32k.
For something with a market cap of over $0.5T, it's ridiculously volatile.Leave a comment:
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Bitcoin fell over 20% in the past 6 days from a high of $40k to under $32k.
For something with a market cap of over $0.5T, it's ridiculously volatile.Leave a comment:
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Originally posted by d000hg View PostI don't get the first part. If you'd put a grand in BC a decade back wouldn't that be a gigantic tax bill?Leave a comment:
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Originally posted by Lance View PostThe premise of using an ISA is a bit irrelevant.
For a start it’s so volatile that tax isn’t going to have much factor on your profit (or loss).
And seeing as it’s an unregulated money laundering platform why the chuff would you declare it for tax anyway?
mi fone did this on tappy tawkLeave a comment:
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The premise of using an ISA is a bit irrelevant.
For a start it’s so volatile that tax isn’t going to have much factor on your profit (or loss).
And seeing as it’s an unregulated money laundering platform why the chuff would you declare it for tax anyway?Leave a comment:
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Originally posted by _V_ View Posthttps://twitter.com/breakingmkts/sta...90794763894785
TREASURY NOMINEE YELLEN SAYS CRYPTO CURRENCIES ARE OF A PARTICULAR CONCERN FOR TERRORIST FINANCING, MONEY LAUNDERING
What does that mean? UK, USA, EU will treat hodlers as terrorist funding criminals at some point soon...Leave a comment:
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