With the rise of unprecedented money printing by the Federal Reserve, the Bitcoin vs. Gold debate is trending. There are several benefits of bitcoin over gold as an investment. Often overlooked however, are the significant tax savings associated with investing in bitcoin compared to gold. The result? For a savvy investor, considerably higher post-tax returns. Short Term: Tie In the eyes of the IRS, “short-term” means a window of 12 months or less. From a tax perspective, there is no difference in taxes on bitcoin and gold on short term gains. Let’s say you purchase 1 bitcoin (BTC) on January 2, 2020 for $3,000 and ... (full story)