Quote from: Bushdark on July 16, 2023, 01:58:52 PM

Quote from: zasad@ on July 12, 2023, 02:22:13 PM

Quote from: Bushdark on July 10, 2023, 08:31:43 PM

Quote from: zasad@ on June 30, 2023, 12:51:57 PM

Quote from: Bushdark on June 29, 2023, 11:32:57 PM

Bitcoin is not generally acceptable that is why every countries have there own law that is backing them up. If Bitcoin is acceptable in your country for trades then that is fine but that are some places that the use of crypto is purely ban while we areas, they are strictly regulated because the government is keeping an eye on how frequent and what sort people are using crypto for. Maybe in years coming if there is a need for Bitcoin to become a general currency then the aim of Satoshi Nakamoto will be accomplished but there is still fear that Bitcoin might become regulated.

To buy real estate for cryptocurrency you need to solve two main problems:
Find a notary and a lawyer who will execute the contract and register this purchase.
You need to pay taxes on cryptocurrency, read the latest tax guides:
https://coinpanda.io/guides/crypto-taxes-france/
https://blockpit.io/en/tax-guides/tax-crypto-guide-france/
Pay your taxes, but don't feel like an idiot afterwards. Some tax rates are inadequate.

Paying tax is both involved in whether one is ready to sell or trade in fiat or cryptocurrency but I think weighing the level of tax to pay when we trade in cryptocurrency will be less and not compared when tbe figures is in fiat when the government always have stable percentage they will collect. Taxes is one thing that cripple the interest of trading in cryptocurrency especially when we want to sell real estate. If the government frown or does not have a simple law that support cryptocurrency, they could want to stress those who will like to trade for cryptocurrency with a high tax rate to reduce the influence of cryptocurrency by the citizens.

In France the tax rates are not the same and they are different for Occasional investors, Professional traders and Crypto Miners.
And there are difficulties in choosing the optimal regime for paying taxes. Occasional investors pay 30% of taxes, and this is a lot.

Does it means that the kind of crypto investors or adoptee tha you are will determine the kind of tax that one will pay.
It looks like those firms and high profile people that are into cryptocurrency would have to pay more tax than those that are just mere investors or traders.
Normally, I think those crypto miners and big firm investors need to pay more tax because they earn more from cryptocurrency than those that are just small scale traders and investors. Paying 30% of income as tax is extremely too big and I don't see myself paying this kind of high tax fee if I am eventually a big crypto investor.

I think that the French will not pay higher taxes on cryptocurrencies. If in France the tax is about 3% and in offshore zones near Europe or the USA this tax is 0-5%, then European and American lawyers will always have a lot of work