So, a senior citizen in one of the western countries makes a complaint that he preferred the 1950s when everything made sense and life was simple. He loves the analog times more than the digital. Despite this, he trusts Bitcoin self-custody, and that is the reason why he holds bitcoin. He complains that his bitcoin just sits in his hard wallet, and he doesn't even know what to do with it. According to him, his fear is that if he sells it during the next bull run, he will be taxed, and he doesn't want that. A question arises: Would taxes still be applicable if a time comes when exchanging bitcoin for fiat is no longer necessary?
I don't understand why should someone pay taxes on capital gains from Bitcoin. I mean, just use decentralized P2P exchanges, slightly shut your mouth and don't act like you are a cool guy who doesn't pay taxes, you are not a Robert Kyosaki. If you never mention that you own crypto and if you exchange them P2P through DEXs, then I don't really understand how can someone prove that you are avoiding taxes. P2P exchange can happen for any reason, let's say your friend gave you money as a gift, what's wrong?
Or if you have some money, you may be able to become a citizen of country where you won't have to pay taxes on crypto gains and that won't be hard, things are never done as written. I sometimes laugh when people say you need job visa that's very hard to get to come in Europe, c'mon guys, how do you think these emmigrants from all over the world come here and work unskilled jobs? There are loopholes that everyone knows, these loopholes are intentionally left.