• @Gerudo@lemm.ee
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    028 days ago

    The thing that bothers me when people say “oh its unrealized gains, it’s not real money” is that they use those unrealized gains as collateral for loans of real money. They effectively ARE that rich.

    • Nach [Ohio]
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      028 days ago

      It’s BS that you can borrow against it. If he did sell it the valuation would drop.

      • @Revan343@lemmy.ca
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        128 days ago

        As far as I’m concerned, that’s the point at which unrealized gains should be taxed: as soon as you’re using it as leverage