Zero. Not lower. Not phased. Zero.

Switzerland exempts crypto gains, unless you trade "professionally." A bureaucrat decides which one you are.

Germany exempts them after a 12-month hold (§23 EStG). A clock decides.

The US de minimis proposals capped around $300 per transaction. A threshold decides.

Every "friendly" regime is the same design: an exemption with a leash.

The only number that isn't a leash is zero. 0% on every sat, from the first block to the last, no clock, no cap, no permission slip.

Rothbard said it in six words: "Taxation is theft, purely and simply."

Notice he didn't add a holding period.

They don't tax the printer. They tax the exit.

👀 Tell me why the IRS deserves a single sat of that, and be specific. 👇