Nunchuck Wallet vs sparrow which is more secure long term

Hi all wondering what the best option is as someone looking to long term hodle maulti sig or single sig ? Also which is recommended out of the 2 cold card Q vs block stream jade ? Thanks

I am just thinking:
Yea, governments cannot print more Bitcoin. So yea, i am 'save from inflation'.

But: they just tax my profits.
That's basically the same?

1. They print fiat.
2. Every rare good on earth rises in price. Also Bitcoin.
But perhaps the buying-power keeps even exactly the same (cause everything costs more). Buying-power could even shrink while price rises in fiat terms.
3. But then they tax my 'profit', eg 28%

Imagine i always hold my buying power because Bitcoin rises with inflation, but whenever i sell Bitcoin i gotta pay those eg 28% of my profits.
Does it really matter if the state takes away my money by inflation or by taxes?

Inflation makes it that basically your assets rise and rise in dollar terms, buying power stays the same, but i have 'high profits' that have to be taxed.
I guess worst case i could imagine very high inflation, basically nearly all my principal is profit and then i get 40% taxed on it.

Once Bitcoin is in late mayority of adoption stage i think there will be no more cracy gains, it will just be a bit better than gold, keeping up with inflation. The more inflation, the more taxes you pay. So basically eg with 40% tax you are only saved from around 60% of the fiat-inflation.


Counter:
I guess taxes are cheaper than inflation. (eg 30% tax means i guess you are saved from around 70% of the inflation)
You only get taxed if you sell (unless they really go for taxing unrealized gains).
I guess governments cannot practically rise taxes superhigh cause people flee the country or smth.
I guess taxing crypto different then other asset classes hopefully doesn't fly.
Stocks and real estate are also taxed, still people who hold stocks and real estate are doing much much better with inflation than non-holders.

I've seen an interview with her and she's a smart woman with a lot of energy. Could make a great president because you can see she loves that little country. With the money and ideas she's got, Maya could prosper in a developed country, but she chose a country with large inflation, corruption and limited perspectives. I hope she wins and makes a change.

I read that "Ripple Labs Founder Donates Another $10 Million in XRP to Support Kamala Harris," and we all know Ripple still has that ongoing SEC case. By principle, politicians shouldn't take gifts that could mess with their decision-making. So, what if Kamala becomes president? Ripple will definitely expect something back for their support.

And what if politicians take donations in altcoins, like how Trump also received some? Does that mean their decisions on regulations could end up favoring altcoins over Bitcoin?

The lesson we learn from trading experience and articles we read are quite different, though the lesson from both are very important in trading but the mistakes of some beginners, they get much confidence in trading after learning only from books.
Experience gives the best lessons to traders, which beginners should never be in haste or be so confidence to trade with big amount of money by only gaining knowledge from reading books about trading.

You can't compare USD to Bitcoin because one is a physical currency, printed and managed by the FED that's worldwide accepted and also a world reserve currency. Bitcoin is a virtual cryptocurrency with an innovation called blockchain technologies, is p2p, virtual and is based on absolutely different systems. Comparing the dollar to Bitcoin is comparing apples to oranges.

Bitcoin is also in limited quantity. There are trillions of dollars printed and in circulation around the world but there are only 19.8 million bitcoins mined where half of them are lost forever and we are left with even fewer coins.

Either buying or mining BTC is fine, but it is great and unique that a country is mining their own BTC, and they have been doing so for a long time now. Take note that most countries neither buys nor mine their coins, they acquire it through confiscation and forfeiture, we can all agree that it is unique for a country to get theirs through mining than confiscation.

Bitcoin's privacy has nothing to do with Satoshi's identity. Because, we all know Bitcoin is decentralized so it has no head or center. Satoshi's identity will not change the price or position of Bitcoin. However, trying to find Satoshi is something many people have been doing for years. Because, people are naturally curious about who created this technology. Some people will say that Satoshi hid his identity because he secretly wanted to control Bitcoin. But I want to say that nothing in the world is created by itself. Someone's hand is behind it. But the one we know as Satoshi disappeared somewhere after 2011. He is believed to have passed on to the afterlife. After 2011, today is 2024, more than 1 era, Bitcoin comes into circulation among all of us. And whose man is increasing day by day.

However, does Satoshi have any enemies?
We think that his main enemies are the banks and the government. But not so. He created Bitcoin as an alternative, not a replacement for fiat and banks, so it cannot be said that he sees banks and governments as enemies. Maybe he is not happy to depend on them too much and Bitcoin was created to reduce the dependence on them, I believe he has no desire to go against the banks and the government. (Dude, I totally agree with what you say)

I've always found tax laws in the west to be very draconian. Although it makes sense because their governments' budgets heavily relies on these taxes and the more budget deficit they face and the more economic crisis they face the more they need to increase their income hence the increasing taxation.

Considering that the alternative is to print money and that would cause hardship for everyone and tank the economy, I'd say the "draconian taxation" is the lesser of two evils.

A little bit of a correction. It isn't sudden. Neither is it a purchase. Bhutan has been mining Bitcoin for half a decade now. Using hydropower, the small and happy country has been sustainably mining Bitcoin since 2019, back when the price per coin was still $5,000.

Yes, it's the 4th largest government holder of Bitcoin but it's unique in that its coins are earned organically, fresh, unlike the others whose coins are either seized from certain wallets or bought.