Re: [ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111

Remember guys:

If you don't fork over proper patronage to major exchanges - your fork will die.

(Wasn't there a Japanese movie in the 50's with Toshiro Mifune about improper patronage?)

no idea what you mean? I'm just letting my LCC sit on my LCT blockchain, like I do with BCH on my BTC blockchain

no fuss, no muss

want to wait 1 year and a day...not big on paying 40% capital gains if less than that and 10% to my state taxes, = 50% (the IRS is not found of money

falling out of the sky...how my CPA says IRS will see this, if I cash out before that 1 year and 1 day....)

am I off on this? not a slam..just how I play it

Lol you US guys are fucked by taxes, you should move to other country, there are a lot of places with no evil taxes Grin

.

Some traders just move to thailand and other paradise places.

YOU CAN'T move to another country in and not claim taxes as a USA citizen...indeed.you have to give up some part of your wealth now for the gov't to even allow you

to renounce your citizenship......(I should google that)...so alas...no recourse

edit: here is a link..yep...except for moving to Puerto Rico below...you are correct US citizens be screwed...the 'exit tax' would apply..

https://www.cnbc.com/2016/05/17/exposing-the-hidden-tax-costs-of-renouncing-us-citizenship.html

However, a couple years ago, you could move to the US Territory of Puerto Rico and I think this still holds and if you stayed in Pureto Rico 180 days out of the year

you could sell and have NO CAPITAL GAINS..it was to spur the economy there and investment gimmick. You do pay a local/territory tax..no idea what that is...

so I suppose I could do that......(not sure a Minnesota Boy could handle Puerto Rico...biggest wind storm I'd ever seen is 50mph gusts...I assume the first hurricane

and I'd cry and wet myself like a small child) Sad

But other than that option (if it still is in play) yeah...US Citizens be screwed...