<oembed><type>rich</type><version>1.0</version><title>Cyph3rp9nk wrote</title><author_name>Cyph3rp9nk (npub1ln…arrnt)</author_name><author_url>https://yabu.me/npub1lnms53w04qt742qnhxag5d6awy7nz6055flnmjkr6jg39hm86dlq7arrnt</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>This is the current situation.&#xA;&#xA;- You buy something with Bitcoin:&#xA;  &#xA;In most countries you have to pay vat and in addition capital gains between the difference of buying and selling Bitcoin if you have made a profit.&#xA;&#xA;This is an approximate 20% + 20% (of the profit) (It depends on each country).&#xA;&#xA;- You sell Bitcoin:&#xA;&#xA;You pay between 20% and 30% of the profit (Depending on country).&#xA;&#xA;You have a lot of Bitcoin:&#xA;&#xA;In some countries you will pay wealth tax.&#xA;&#xA;You have a lot of unrealized gains:&#xA;&#xA;In many countries they are trying to apply this, soon we will have the first country to do so.&#xA;&#xA;If you have bought bitcoin with KYC you are screwed, the exchanges will end up passing all the data to the states and their respective tax offices.&#xA;&#xA;If you have non-kyc bitcoin you can only use it to buy a soda, if you use it to buy a car or a house they will accuse you of money laundering, drug trafficking or whatever they want.&#xA;&#xA;And you think bitcoiners have won? You can go to a country that has more lax tax regulations but tax havens are becoming increasingly difficult.&#xA;&#xA;You have to try to make Bitcoin legal tender, and to do this you have to use your Bitcoin, and you have to accept Bitcoin as payment, only by creating a large black market where you do not have to pay taxes you can bend the state, otherwise your Bitcoin will only enrich the state.&#xA;&#xA;During all these years the HODL strategy has been totally wrong, while we have carried out HODL the states have encircled us.&#xA;&#xA;We came here for freedom.</html></oembed>