News for hackers. Stuff that matters.

A comment on Ask HN: Why shouldn't I take advantage of the Crypto/NFT craze?.

Re:Ask HN: Why shouldn't I take advantage of the Crypto/NFT ... by brador on Wednesday January 05, 2022 @07:58AM (#29808341)
NFTs are a way to avoid gift and inheritence taxes. No one is actually paying $500k for a digital image.

Kid lists it, Daddy buys it from his anonymous crypto wallet. Tada, gift tax avoided and daddys liabilities reduced.

[ Parent | on HN ]

There are no comments on this comment yet.