chad_chain

I mostly agree with what you have posted here @coinycoiny. Don't forget that people will close their mind and grasp at any straw to protect what they perceive as their economic interests...often times this is done…

Sure sounds like the OP is describing loans backed by crypto assets as a way to be able to spend crypto profits without having to sell and be subject to capital gains...that's exactly what Blockfi and many other…

This is correct for the US. I'll add that the amount of capital gains tax depends on your friend's income/tax bracket and could be 0 at the federal level if their income is low enough. If your income was lower than your…