@0rangecoins @Jcastweet @_OtherFella @JayW132 @bitcoinpolicyuk @BitcoinColl @satmojoe @btconlyscott @AlanJLSmith @VladSoriano @Bitcoin_Cookie @dan_elston My pleasure. Always happy to jump on a call to show you how it’s done in Recap.

@Peterlane1985 @JayW132 @Jcastweet @bitcoinpolicyuk @BitcoinColl @satmojoe @btconlyscott @AlanJLSmith @VladSoriano @Bitcoin_Cookie @dan_elston @btcjvs ‘I love paying green industrialists masses of tax payer funded subsidies’

There are legal mechanisms like deeds of trusts that make the ownership structure explicit from the get go. Practically though you can do this through self assessment, when you send Bitcoin to your child mark these as a gifts in your crypto accounting software, this should create a tax disposal (and may match same day so no gain or loss) and when you file self assessment declare this by uploading the disposals report. You’ve then declared you have disposed of the assets, i.e. beneficial ownership has transferred to your child. To be extra explicit you could also add details in the self assessment ‘white space’. Not tax advice. The key is record keeping and segregation.

@0rangecoins @_OtherFella @Jcastweet @JayW132 @bitcoinpolicyuk @BitcoinColl @satmojoe @btconlyscott @AlanJLSmith @VladSoriano @Bitcoin_Cookie @dan_elston Yes, beware. HMRC could treat it as a gift, which is a tax disposal. You can mitigate this using the same-day rule. If you acquire the BTC and dispose of it on the same day to your child, there is no gain or loss. Not tax advice!

Trump killing CPI narrative with 1 phone call with Putin.

@Jcastweet @JayW132 @bitcoinpolicyuk @BitcoinColl @satmojoe @btconlyscott @AlanJLSmith @VladSoriano @Bitcoin_Cookie @dan_elston What about the U.S. shifts in policy? The UKs lunch will be eaten

CPI inflation prints 3.0%, above expectations of 2.9%, and the market nukes ;-)

6% increase in energy price cap, water companies looking to up 10%+, councils looking for up to 20% in some areas. It’s looking very inflationary and shows that our regulated industries are not regulated for the benefit of the consumer! How long until we all buy diesel generators and dig our own wells to cut out the middleman?

Gold is telling us a crisis is coming. Rates need to come down but sticky inflation is tying the hands of the central banks to act. Gold is telling us something is about to snap.

@jakob_btc Love this.

@JohnMappin @satmojoe @saylor @DavidSacks @brian_armstrong Massive!

CAN WE PLEASE BE THE FIRST LEADER ON SOMETHING? We were literally the world's financial centre; when did we accept the overbearing regulatory environment?

@AlanJLSmith Nothing like incentivising bad behaviour.

SPIN IT

There's only one asset that is tariff immune.

Hash rate drives price. Price drives hash rate.

RT @BitcoinMagazine: JUST IN: #Bitcoin hashrate hits a new ATH 🚀

What's the number 1 shot in the arm the UK Gov can do to spur economic growth? I think raising the SEIS/EIS allowances to 100% income tax or capital gains relief for startups could have a real impact in the medium to longer term. Rather than give your money to the state through taxation, you give it to our ambitious entrepreneurs who in the UK are shadowed by a much more generous funding environment in the US.

RT @recap_io: 📢 UK crypto industry takes a stand for fairer DeFi taxation! We’re proud to stand alongside key industry leaders in calling f…

@btconlyscott @GMB @susannareid100 Scott for PM.