OΞHI ⚡️🧡 on Nostr: Last week, we reached a significant milestone in our initiative to onboard over 1,000 ...
Last week, we reached a significant milestone in our initiative to onboard over 1,000 merchants to the Bitcoin standard, a project that required considerable effort.
However, the Italian government abruptly undermined this progress by increasing the capital gains tax on Bitcoin from 26% to 42%, effectively terminating the project overnight. This decision was announced by Deputy Finance Minister Maurizio Leo as part of broader fiscal measures aimed at addressing the rising popularity of cryptocurrencies in Italy....
All they get now is brain and capital drain.
Published at
2024-10-16 17:24:27Event JSON
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"content": "Last week, we reached a significant milestone in our initiative to onboard over 1,000 merchants to the Bitcoin standard, a project that required considerable effort.\n\nHowever, the Italian government abruptly undermined this progress by increasing the capital gains tax on Bitcoin from 26% to 42%, effectively terminating the project overnight. This decision was announced by Deputy Finance Minister Maurizio Leo as part of broader fiscal measures aimed at addressing the rising popularity of cryptocurrencies in Italy....\n\nAll they get now is brain and capital drain. https://image.nostr.build/d55de578718e9e28d96f4d112c09f94de8d22fff34320d839e350460624d7573.jpg",
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