Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
julian071
on 06/02/2022, 16:56:26 UTC
⭐ Merited by JayJuanGee (1)
The ‘Bitcoin Family’ immigrates to Portugal for its 0% tax on cryptocurrencies
https://www.cnbc.com/2022/02/06/bitcoin-family-moves-to-portugal-crypto-tax-haven.html

I can't find it now, but I distinctly remember a thread that was talking about this family. Most of the commenters were laughing and absolutely eviscerating them for being so "stupid" and "reckless" for going all in on bitcoin at the time, and saying how they will lose everything. I was one of the few on that thread, if not the only one, who applauded and defended their YOLO move.

They're Dutch actually. Recently saw the guy on a weekly program about crypto on Dutch TV. He knows what he's talking about.

Taxes in his home country are great too, however the weather is not. Here you only pay about a third over a fictional gain of 5 percent, so about 1.6 percent per year. No taxes on trades.