Default avatar
npub10wv3...v22x 7 months ago
BREAKING: UK plans to introduce an exit tax of 20% on assets of people deciding to leave the country. Good luck trying to tax my #Bitcoin in cold storage BIT*H! This is exactly the reason why you should never buy ETFs or other stupid fiat instruments! Self custody is key image

Replies (8)

Default avatar
npub1vsuf...tlm5 7 months ago
Well... KYC Bitcoin is the same like ETFs in this case. They won't freeze it. They just say you need to give it over or go to prison. So only no KYC protects against that socialist bullshit
1 replies ↓
Default avatar
Asdf 7 months ago
Taxing citizens when they leave the country or planning to do so, seems like a trend in the EU.
Default avatar
npub1ah3a...l76e 7 months ago
Privacy is key. That's why most Bitcoiners will come around to Monero to protect their bags.
Default avatar
npub1ah3a...l76e 7 months ago
No KYC always from now on. Many people will fail at keeping their no KYC stack private for decades. That's why early Bitcoiner who figured that out 10 years ago founded Monero.
↑