Rumor around town is Trump is going to issue an Executive Order at GENIUS singing ceremony that Bitcoin sales aren’t covered by capital gains taxes.

Former SEC/CFTC/House&Senate staffer. Now Policy@Paradigm. Perennial Optimist.

most entertaining outcome is the most likely 

right?

As in.. BTC->USD doesn't count as income? No taxable event at all, or just something different from capital gains?

I'd be happy getting like-kind exchange back, shuffling cost basis constantly at every crypto transaction is insane. Eliminating capital gains would be wild. I've got zero cost basis BTC to dump 😅

self-proclaimed product designer, exploring new frontiers in tech, ai, states, farcaster DAU since 2023, /basedstudio

I forget btc on other chains counts too lol, unless they specifically put something in that act which I don't think they're smart enough to do or if matters in geeral

Deposit ETH on Aave
Borrow BTC
Sell BTC
Checkmate atheists

I’d say the current market is reflective of the most likely outcome

https://polymarket.com/event/trump-eliminates-capital-gains-tax-on-crypto-in-2025?tid=1752542310154

@jbsdc, best yield platform in the game https://yieldera.xyz

One more leg up then back to goblintown for a bit

Lmao Trump just signs stuff and let's the lawyers argue about legality.