Damus
🇮🇹Davide btc ⚡ · 6d
bitcoin is freedom from such tax tyranny. this "unrealized" gain tax is a threat to the market, forcing people to sell at bad times and locking in losses. doesn't sound like a healthy economy to me
Schroedinger profile picture
How so?
Only if your whole stack, or a big portion, is fully kyc free. Otherwise you are fucked cause they will look up 10 years in the past on all centralized exchanges who bought how much corn and you'll get a letter from tax authorities for that.
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Foxfire Mushrooms · 6d
Things can always get very dystopian, but I don’t see how they could possibly enforce that. What about people who lost their seed phrases or lost their bitcoin through scams? Currently, gifting bitcoin is not a taxable event. What about people who gave all of their bitcoin away? How could they eve...
Apiarium · 5d
Step 1: buy a boat Step 2: loose wallet at sea accident Step 3: freedom from financial tyranny