Damus
Lyn Alden · 85w
101 on how gold was confiscated: You had to turn it in for dollars by a deadline prior to dollar devaluation, and there were massive prison consequences for not turning it in, but little resources in...
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@Lyn Alden Just last week during a press conference an Italian deputy Finance Minister said: “Since it’s spreading more and more, WE PLAN to increase capital gain tax on Bitcoin from 26% to 42%.”

26% is the ordinary capital gain tax here, but they’re still hungry as you can see. Last year it became compulsory to “declare” bitcoins owned to the Italian IRS. Don’t know how many actually did it…
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