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Will Bitcoin be Exempt from Capital Gains within 5 Years?

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Recap of everything Bitcoin for Dec, 6th 2021
► Join us in discussing: Will the IRS exempt Bitcoin from capital gains within 5 years? Is the gov. trying to gain the younger populations vote? Ted Cruz agrees that BTC miners are helping fix the broken Texas electric grid.

► South Korea votes to postpone a steep crypto tax till 2023. This would levy a 20% capital gains on cryptocurrency transactions. Oleg Smagin, Head of Strategy at Korea-based digital assets firm - Delio - says, “both parties want to earn the votes of the young population who invest heavily in digital assets.”

► Candao is launching their first social network launchpad, an over-layer solution for the social sh*tcoin world! Join us in discussing this epic fail.

► In 2021,1.9% of the markets capitalization is for Bitcoin security, that is a beautiful thing, proving every BS mainstream media news wrong.

✔ Get your Bitcoin 2022 Conference Tickets for 10% OFF
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✔ BTC Stats
► https://twitter.com/lopp/status/1467500571485782016?s=21

✔ Daily Fail Sources:
► https://twitter.com/thebitcoindr/status/1467872496573718529?s=21
► https://bitcoinist.com/candao-is-launching-the-first-social-network-launchpad/
► https://candao.io/#EcoSystemScroll

✔ Epic Memes:
► https://twitter.com/BigSeanHarris/status/1467894463062323200
► https://twitter.com/susiebdds/status/1467815956932182020?s=28
► https://twitter.com/rd_btc/status/1467844303158493187?s=28
► https://twitter.com/_counterpoints_/status/1466977064330932229?s=28
► https://twitter.com/senlummis/status/1467878975540187136?s=28

✔ BTC News:
► https://twitter.com/blockworks_/status/1466834493680103431?s=28
► https://twitter.com/jwweatherman_/status/1466962702010568710?s=28
►https://www.cnbc.com/2021/12/04/bitcoin-miners-say-theyre-fixing-texas-electric-grid-ted-cruz-agrees.html
► https://www.nytimes.com/2021/12/02/business/dealbook/crypto-trump-biden.html
► https://twitter.com/hodlneversodl/status/1467573571312570370?s=28

✔ lnd v0.14.1-beta:
► https://github.com/lightningnetwork/lnd/releases/tag/v0.14.1-beta

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✔ Follow Us!
► https://twitter.com/SimplyBitcoinTV
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✔ Special Thanks to these Awesome Bitcoiners:
► https://bitcoin.clarkmoody.com/dashboard/
► https://t.me/nobullshitbitcoin
► https://twitter.com/DocumentingBTC

✔ Descriptions & Thumbnails by, Meg:
► https://twitter.com/btcmeg

► We are a proud supporter of Bitcoin only businesses.

DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.

Timecodes:
0:00 - Intro
0:11 - BTC Stats
8:01 - Daily Fail
28:55 - Meme Review
33:27 - BTC Exempt from Cap Gains?
58:13 - Software Release

#Bitcoin #BitcoinDailyNews #BitcoinDailyRecap
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