I’m going to be bias and say that I don’t think taxes should be so high on bitcoin. I’m living in the UK & have done since birth, I bought a lot of my bitcoin’s for under $400 - $500 & I’ve HODLED for many years. When the time comes that I decide to sell I will owe the UK government 20% in Capital Gains Tax. This pisses me off immensely, I bought bitcoin when it was relatively in its infancy so why should I have to pay such taxes? It was a massive risk, almost gambling which by the way isn’t taxed in the UK.
I expect to be cashing in millions of pounds worth of bitcoin in the next few years so I’m going to end up paying a shit tonne of fucking tax. If the UK Gov raise Capital Gains Tax higher than 20% to pay for this damn Corona Virus & the havoc it’s wreaked on the economy I’m emigrating
Any hot girls from the countries you posted want to marry me so I can get citizenship?
