Uryyah El on Nostr: The more I think about privacy in Bitcoin, the more I realize how correct Satoshi ...
The more I think about privacy in Bitcoin, the more I realize how correct Satoshi was. The government of Japan has passed a law that determines a 110% tax on bitcoins to be inherited from people who have died and who had declared it to the tax authorities. Now the government of Brazil is discussing the possibility of creating an unrealized profit tax on declared Bitcoins. Imagine that you bought BTC at $35,000 and it costs $71,000 at the end of the year. You will have to pay tax on the difference. The worst thing is that these countries keep giving ideas to left-wing politicians from all over the world...
Published at
2024-10-09 16:29:22Event JSON
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"content": "The more I think about privacy in Bitcoin, the more I realize how correct Satoshi was. The government of Japan has passed a law that determines a 110% tax on bitcoins to be inherited from people who have died and who had declared it to the tax authorities. Now the government of Brazil is discussing the possibility of creating an unrealized profit tax on declared Bitcoins. Imagine that you bought BTC at $35,000 and it costs $71,000 at the end of the year. You will have to pay tax on the difference. The worst thing is that these countries keep giving ideas to left-wing politicians from all over the world...",
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