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

320 points · 277 comments · jakemanger

  1. DataDive · · focus · HN ↗
    What happens if some of those tax the unrealized gains bills pass in some country where they have obligations?

    They would have to either pay the tax on gains or write off losses.

    1. philipallstar · · focus · HN ↗
      Surely only an absolute lunatic would pass that sort of law. And by then it's too late, because it's Socialism with extra steps.
      1. sebzim4500 · · focus · HN ↗
        Doesn't Switzerland do this instead of capital gains? Makes sense IMO, much better to tax wealth than discourage transactions.
        1. spacebanana7 · · focus · HN ↗
          Taxing capital assets by taking large portions of their value destroys value by forcing liquidity events. Think forcing sales of farms, factories and domain names.

          I much prefer land value taxes (and similar taxes on non capital wealth like jewellery) and leisure taxes (ideally taxing people for every hour they don't work). Of course these are difficult to administer in practice, but British business rates and US overtime tax discounts effectively approximate this.

          1. bitmasher9 · · focus · HN ↗
            The idea of taxing people for not working an hour sounds incredibly dystopian.
            1. superxpro12 · · focus · HN ↗
              What will they think of next? tying healthcare to employment that you lose the moment you get fired to meet quarterly profits? Madness i tell you!
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