This is the current situation.
- You buy something with Bitcoin:
In most countries you have to pay vat and in addition capital gains between the difference of buying and selling Bitcoin if you hav...
Holding and buying Bitcoin still puts pressure on the issuers of fiat.
It's still a net gain for hodlers long-term, even with the 20%-50% exit tax.
I agree that HODLing is only one leg of the strategy. Not the whole strategy.
As soon as something like a Bitcoin circular economy emerges that includes goods production, it will become very hard to tax a system that does not involve fiat on/off ramps.
It's still a net gain for hodlers long-term, even with the 20%-50% exit tax.
I agree that HODLing is only one leg of the strategy. Not the whole strategy.
As soon as something like a Bitcoin circular economy emerges that includes goods production, it will become very hard to tax a system that does not involve fiat on/off ramps.