How come no one is talking about this? twitter.com
SALT
Jack Stewart
Hunter Torres
True if big!
Ryan Barnes
WE ARE THE SALTINES AND WE WILL NEVER EVER EVER EVER SELL!
I have been talking about it all day. It didn't make a thread, though, so thanks!
Eli Gonzalez
People on twitter don't understand that a crypto-backed loan is a fantastic way to avoid tax obligations for transacting in Bitcoin or Ethereum. Huge.
Anthony Lewis
I know, it's incredible. I'm contemplating getting into SALT now or waiting a bit for alts to bleed more. The news from OP seems to be priced in already.
When does their service actually launch, December?
Dylan Kelly
People here, for the most part, don't understand either.
Bentley Rogers
What do you mean with this. That you just "take a loan" and never pay it back and thus because it's not a transaction but a loan you don't have to pay taxes?
Lincoln Lee
So how do I get into this?
Do I get a card with salt coins or are they separate?
Jackson Lee
No, you pay back your loan in the amount of USD you took out, but the amount of crypto you used for leverage, say BTC, you get back in full - which in the meantime has probably gained in value as more normies get on board the BTC train.
Brayden Barnes
Not to mention being able to liquidate cypto & not having worry about buying it back at a higher price. I love SALT. Bought in heavy when it listed on Binance & even more so when it hit Bittrex.