Commander Seabass

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Commander Seabass

Commander Seabass

@crypto_seabass

Crypto, seeker, full of curiosity. Tokenization is the future ⬡

The Sea Katılım Temmuz 2020
588 Takip Edilen743 Takipçiler
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Commander Seabass
Commander Seabass@crypto_seabass·
Don’t overthink it, utility is here to stay
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Watcher.Guru
Watcher.Guru@WatcherGuru·
JUST IN: X Head of Product Nikita Bier says "crypto has had a rough year." "Maybe we should launch something to fix it."
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Commander Seabass
Commander Seabass@crypto_seabass·
@Thesecretinves2 What a concoction of confusion the whole system is. It’s like the government drafted these rules on a napkin. Absolute faff.
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🇬🇧 The Bitcoin & Crypto Accountant 🇬🇧🚀
🧵 How to spend Bitcoin with no immediate tax bill (legally, UK) Most holders don't know this exists. The 30-day rule can collapse your taxable gain to zero. Here's how 👇 First, the basics. In the UK, spending Bitcoin = a disposal. That means you calculate a gain against your cost basis, even if you never touch GBP. Example: You bought BTC at £20k. It's now £40k. You spend £5k worth on a holiday. That's a taxable disposal. A gain exists. Standard stuff. Here's where it gets interesting 👇 The 30-day "bed and breakfast" rule applies to crypto, not just shares. If you buy BTC back within 30 days of spending it, your disposal is matched to the repurchase price, not your original cost basis. In practice: Day 1: You spend £5k of BTC (price: £40k) Day 10: You rebuy £5k of BTC (price: still ~£40k) Result: disposal matched to repurchase Gain = ~£0 CGT due = £0 Spend. Replace. Collapse the gain. The matching order under HMRC rules: Same-day 30-day rule Section 104 pool The 30-day rule overrides your historic low cost basis. That's the point. The catches 👇 Price movement matters BTC rises between spend and rebuy = gain crystallises BTC falls = loss created You must actually rebuy No repurchase = falls back to your pooled cost. Full gain becomes taxable. Partial matching Only the amount rebuyed within 30 days benefits. The rest falls back to the pool. Records are everything You need disposal value, repurchase value, and dates for both legs. This is where most people fall apart. The bigger picture 👇 You're not avoiding tax. You're deferring and reshaping it. Your new BTC now carries a higher cost basis, which means less tax when you eventually exit. Used correctly: a powerful planning tool. Used carelessly: a reconciliation nightmare. Most UK Bitcoin holders either ignore these rules entirely or misapply them. Both outcomes cost money. If you're spending BTC and not thinking about matching rules, you're either overpaying or storing up problems. Always comsider a practical UK Bitcoin & Crypto tax strategy 🇬🇧
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Senator Cynthia Lummis
Digital assets are here to stay. It’s on us to get this right for America’s future. Pass the Clarity Act.
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Real World Asset Watchlist
Real World Asset Watchlist@RWAwatchlist_·
TODAY: Swift completes a major milestone in digital asset interoperability with Chainlink, enabling tokenized bond transactions to flow seamlessly across blockchains and traditional banking systems.
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Commander Seabass
Commander Seabass@crypto_seabass·
@cousincrypt0 It’s because they hold in their farts for too long.. it builds up in their stomach and they’re like ‘ahh stomach ache!’ And it makes noises - they tell you they’re hungry. But really they need to fart. As soon as you leave them they let rip, going ham on that toilet to release.
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cousin
cousin@cousincrypt0·
If she doesn’t have stomach problems I don’t want her
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Commander Seabass
Commander Seabass@crypto_seabass·
@Axel_bitblaze69 Cool, but scary to openly hand over login creds so easily - do we know how creds are secured with this? The practicality and cleverness seems to cloud the security risks with these connectors What’s a good way to protect your logins? Use burner creds for things like this?
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Axel Bitblaze 🪓
Axel Bitblaze 🪓@Axel_bitblaze69·
This is the setup that changed everything for me, Claude can now browse the internet on its own. Not with your browser. Its own dedicated browser.. It can now login with your credentials, scrape data, monitors communities and generates leads.. all in the background while you sleep First how you can set it up, > Open Claude Desktop > Click the plus (+) icon in the chat bar and select Connectors (or "Manage Connectors") > Click Add Custom Connector and enter the following details - Name: Firecrawl - URL: https://mcp.firecrawl. dev/{FIRECRAWL_API_KEY}/v2/mcp - API Key: Paste your API key from the Firecrawl dashboard. > Click Add. then just enable and Authorize, > Once added, find "Firecrawl" in your connectors list and toggle it on. > Claude will ask for approval to use the connector; select Always Allow to let it run tasks without prompting you every time can start using it normally in chat now.. Prompt it like: "Go to [website], extract [data], and organize it" It opens its own browser, navigates, scrapes, and brings you clean results. will share how i use this setup in my next post, so be sure to follow me and turn post notifications on.
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Chainlink
Chainlink@chainlink·
Millions ✔️ Billions ✔️ Trillions ✔️ Quadrillions next.
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Commander Seabass
Commander Seabass@crypto_seabass·
The narrative just isn’t strong enough for the $XRP folk anymore, fading… fading…
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Commander Seabass
Commander Seabass@crypto_seabass·
@Zedzies @RWAwatchlist_ @ethLINKbtc But but but they all follow xrp’s X account and are secretly, very silent investors in Ripple. One of the guys posted something a while ago but deleted it so it must mean the nda’s are true! XD
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Zedzies
Zedzies@Zedzies·
@RWAwatchlist_ @ethLINKbtc Very interesting that several of them dumped the $XRP ledger and joined the more advanced SWIFT ledger. Seems like that trend is accelerating.
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Commander Seabass
Commander Seabass@crypto_seabass·
Some need to understand this
Commander Seabass@crypto_seabass

@nadr0z @grok @RWAwatchlist_ Who cares about which chain, i just care that chainlink is powering the whole thing The plumbing to the financial system Invest in the picks and shovels, whilst they all quarrel on which chain They ain’t using your favourite chain, facts

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Daxx is Maxx
Daxx is Maxx@Sure4Dax·
@nadr0z @RWAwatchlist_ While ConsenSys advertises itself as a Ripple competitor, there are many key people and former Treasury heads that are also invested and involved in both Ripple and ConsenSys boards simultaneously. So there is a lot of funny business going on.
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Commander Seabass
Commander Seabass@crypto_seabass·
@nadr0z @grok @RWAwatchlist_ Who cares about which chain, i just care that chainlink is powering the whole thing The plumbing to the financial system Invest in the picks and shovels, whilst they all quarrel on which chain They ain’t using your favourite chain, facts
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