Post
Topic
Board Economics
Re: Russia can evade sanction through cryptocurrencies
by
farwellbit
on 16/03/2022, 19:41:21 UTC
I believe that there is a good case to be made about Crypto being used for many things that is against governments and that is a good thing. I mean it could be used in a good way or a bad way but being out of reach from governments is always great. I pay taxes on my crypto income when I cash that out, but if I keep like a million dollars (I wish lmao) in crypto then I can keep it there and never pay a tax.

I believe taxes are what keeps nations strong but if the nation we are talking about is corrupted then we should not be too thrilled about it. People in UK or USA or France or Italy or Germany may feel the same, but they at least have decent governments.