paying taxes on your bitcoin holdings, transactions or' 'gains' means:
- your beloved hard cap doesn't mean anything because the government can extract as much as she wants from your "gains" up to 100% or go full 6102
- since you are declaring your transactions you can spend your bitcoin only on government approved things and also won't be able to evade capital controls
sounds familiar? it is, because it is exactly how paypal and any other government approved fin-tech or your bank account works.
so what this all boils down to is that in the end bitcoin is just evading taxes and capital controls. if you say otherwise then I'm sorry to tell you that you are just larping and bitcoin is doing nothing for you and the government is still in full control of your bitcoin. in this case you will have to continue seeking solutions in politics (which is the system we already had before bitcoin)
shyguy
npub1pwdj...cnpn
just a shy mrs
the truth no one wants to talk about and which i find slightly annoying: it should be obvious that bitcoin is totally useless if you couldn't use it to evade taxes. as long as you pay taxes on your bitcoin (and herewith legitimize not only their fiat currency but admit that the government still owns your money and exercises control and power over you) you have achieved nothing and still fund their wars. if you can’t dodge taxes with bitcoin, you can’t use bitcoin without permission and with that bitcoin becomes useless and you may as well use their banking system again. luckily you can use bitcoin to cheat on your taxes which in my opinion is the right thing to do and which everyone should feel morally obliged to. use the evaded taxes instead to fund open source projects or humanitarian aid organizations (many of them accept bitcoin!).
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hi monero friends :) since bisq isn't working at the moment,what is the way to go? haveno or retoswap? (i want to swap some btc to xmr)
#xmr #bisq #haveno #retoswap
Peter Todd is a fed
you can just repost reposted stuff fiatjaf
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what is it with those cultish cowboys?