Japanese taxes on crypto is fucking horrendous, I was looking at buying a house but then I calculated the taxes to cashing out and it's like 50%. fuck that
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@sun heh. you could always patiently sell for currency on a p2p exchange
@ganbold I was at a store the other day and I counted and they took 41 different payment methods but not any crypto lol
@sun What do you do with your crypto to maximize gains while idle? I ended up putting most of it on AAVE for like 5% APY, I swing trade with the rest.
@Mark I don't, I did that one time and they got hacked and I lost 10,000 dollars
@Mark before that I staked ethereum but it was so hard to keep an ethereum node running that I stopped
@deutrino they tax you when you do that
@sun I presume everybody on a p2p exchange is there in part to evade taxes... volume is low enough that there haven't been any stings that I've heard of