Thread

Neovim have a ~$800k Bitcoin donation sitting untouched since 2023

320 points · 277 comments · jakemanger

JimBlackwood · 1789643850 · focus · HN ↗
I imagine they might wait, to make sure it’s legally obtained Bitcoin.
1. a3w · 1789645828 · focus · HN ↗
  In which country would waiting help?
  1. cyberpunk · 1789646167 · focus · HN ↗
    In Germany at least if you've held the coin(s) for 7 years before selling you don't need to pay tax on the profit.
    Not sure how this applies to donations though, and of course this will almost certainly be changed in the future, .nl is leading the way in taxing _unrealised_ gains; we are sure to follow!
    T0Bi · 1789646489 · focus · HN ↗
    It's one year, unless something changed recently.
    la_fayette · 1789647067 · focus · HN ↗
    1 year
    ksk23 · 1789647451 · focus · HN ↗
    One year yes, and politics wants to change it..
2. yieldcrv · 1789647087 · focus · HN ↗
  Something that takes 5 seconds with bitcoin, faster than any other property type, is something you rationalize as taking 7 years
  Why does HN collectively tolerate this level of understanding when it comes to crypto
  1. nottorp · 1789649242 · focus · HN ↗
    > Something that takes 5 seconds with bitcoin, faster than any other property type, is something you rationalize as taking 7 years
    > Why does HN collectively tolerate this level of understanding when it comes to crypto
    Well that's really funny. Because the 7 years are about tax liabilities not the speed of bitcoin transactions.
    So maybe you made a statement about crypto advocates here...
    yieldcrv · 1789649652 · focus · HN ↗
    Legally obtained bitcoin is what the person I responded to said, suggesting anti money laundering concerns which are the concerns I responded to
    And the tax liability sister comments all disagree with each other
    Notably, the parent commenter hasn’t replied at all yet

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