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515: Ham Sandwich

LINUX Unplugged

00:00

The Taxes on Jupiter Broadcasting

The capital gains tax would be on Jupiter broadcasting if we were to cash those sets out. When you're boosting it in, that transfer isn't selling it. You're transferring it to me and then I sell it. So it's not a taxable event until you exchange it for fiat currency and you make a profit there. There's also some ruling there for if you buy the sats and then use them with essentially the same value because the window was so small. But as long as you're not giving us more than that in boosts, that should be fine.

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