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

320 points · 277 comments · jakemanger

DataDive · 1789652120 · 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 · 1789652603 · 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 · 1789652770 · focus · HN ↗
    Doesn't Switzerland do this instead of capital gains? Makes sense IMO, much better to tax wealth than discourage transactions.
    tim333 · 1789654968 · focus · HN ↗
    Apparently not. Googling, no one seems to actually do it in spite of some politicians talking about it.
    It seems quite a bad idea from a practical point of view.
    Not so much because it's socialist but it leads to all sorts of extra paperwork for no good reason. Like say you buy some utility company share for your retirement in 20 years and it fluctuates. Do you want to be valuing it and paying tax and then claiming it back when it goes down every year for 20 years or just declare the gain at the end?
    philipallstar · 1789657387 · focus · HN ↗
    Well, it is socialist in that the government basically gets to own more of everything you own every year.

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