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@ beanchild
2025-04-23 04:16:09
I heard about Fedi today and asked ChatGPT to clue me in on it.
I have a brand new Coldcard Q here that I need to set up (moving from Ledger), so I asked, if I use Fedi, do I still need my Q. ChatGPT basically said to use the Q to hold most of my stack, and send a little bit over to Fedi for spending. That sparked a discussion about Capital Gains Tax. Bigger than the tax itself, is the supreme hassle I think it would be, to track a whole bunch of little transactions.
Then I asked if I was to purchase BTC via non-KYC, and ship some of it over to Fedi, there would be no "paper trail" and one could avoid CGT. That is the context of the screenshot here.
Thoughts? Advice? General ramblings? 🤪
https://m.primal.net/QaDY.png