Can you put Bitcoin in an ISA?

[AtW]

can't buy any more with H-L.

I wonder why is that

[LucidDementia]

https://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...

It means buy more.

[LucidDementia]

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.

Only in the short term. Bitcoin moves in 4 year, pre-programmed, very predictable cycles.

[LucidDementia]

If you have sufficient BTC such that you are committing tax evasion DON'T PUT IT IN YOUR OWN ACCOUNT

like I said. The platform is a dream for money laundering. So why go and ruin that.
If you have less than £10k to realise then that's under the CGT limit so fine crack on.
Or take £10k a year.
Or put it somewhere invisible.

How in the name of all that is holy is an immutable distributed ledger a dream for money laundering?

It's awful for money laundering.

You'd know that if you tried to find out what it is.

[LucidDementia]

Yeah if you only put a grand in something ultra speculative, you have to do REALLY well to have CGT problems

A grand put in the day Trump took office would be £50,000 today.
Slightly higher in fact.

[LucidDementia]

Why put it in an ISA when you can wrap it and get 15% staking on Beefy?