69 sats \ 4 replies \ @quark 8 Jun \ parent \ on: Tax Hack - BTC vs. BTC borrowing bitcoin
The FIFO rules(first in first out) don't give you much options to minimize capital gains. It is a nightmare. Maybe in some countries there are no FIFO rules. I don't know.
That's what I wasn't sure about. If sats are perfectly fungible, like dollars or shares, then there's no getting around that.
Could you keep track of which specific bitcoin you're spending, though, and argue they are not perfectly fungible?
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exactly
I don't know the technical side of this stuff well enough to know if what I'm suggesting is even remotely feasible, but it seems like it could be if we're talking about uniquely identifiable units.