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Sunday, 12 July 2020
Day-trading Taxes
I am new to day trading and taxes and am confused on when and what is taxed. If in one day I buy and sell $1000 worth of bitcoin 5 times am I taxed every-time I sell it? Or am i only taxed on the net profit at the end of the day or end of the year or whatever?
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Bitcoin’s Nash Equilibrium
In Bitcoin, if most participants agree, no significant fork results (Bitcoin Gold’s recent reorg protection).
If a significant portion of the participants don’t agree, a fork results (BCH, BSV).
And sometimes, everyone gets richer when this happens.
If the fork has something to offer, it lives.
Until it dies of course.
Unless it remains competitive.
This is Game Theory’s Nash Equilibrium, built on top of proof of work.
Welcome to Bitcoin.
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source https://www.reddit.com/r/btc/comments/hpn9ej/bitcoins_nash_equilibrium/
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