$BTC

Alright, buddy, let's break it down. So, back in 2017, this cool wolf dude buys 1 BTC, right? Then, being all friendly, he sends it to Red Riding Hood's ledger wallet. Fast forward some years, poor Red Riding Hood runs into some money trouble and decides to sell that BTC on an exchange. Now, here's the thing: in some places, like Australia, if you make money from selling assets, like Bitcoin, you might need to pay taxes on the profit you make, called capital gains tax. So, even though Red Riding Hood got the coin from the wolf and sold it, the taxman might still come knocking for a share of those profits. It's kinda like if you sell your old toys for more than you paid for them, the taxman might want a piece of that extra cash. 🐺💰📉💼

#BitcoinHalvingMassiveEvent #AustraliaCrypto #CryptoApril