I’m sure everybody loves paying taxes, but I am no expert but say with this current drop In price if I moved bitcoin outside of the US and to an El Salvador wallet, would that be saving on the future sale of bitcoin or what would that look like for capital gains?
I’m asking for a friend, I already lost all my bitcoin in a boating accident.
EI Salvador already declared, they are ready to make transactions on September with Bitcoin and others cryptocurrencies. The people of EI Salvador can exchange any thing with Bitcoin in their country.
I hope the use of cryptocurrencies can make El savador's economy improve and become a developed country, if el savador is successful then it is certain that many countries will follow, and this will make cryptocurrencies shine even more.