Re: What if authorities launch a tax for owning bitcoin?
It's just YouTube, but today I ran across a video that mentioned a bitcoin HODL tax.
In order to stop bitcoin, authorities would have to shut down the internet which is impossible. So I predict that their next move is to launch enormous taxes to discourage people from owning bitcoin, and prevent mass adoption as competition for their corrupted CBDC's that still have to be launched. The purpose of their regulations is to take over the entire bitcoin market, of course. They will make you sell, either by launching huge taxes for ownership or by treating the owner of 1 BTC like a drug dealer (prison sentence).
So we need a gameplan against this.
~snip
Can I transfer the BTC from my current address, to an address that no government can ever link to me?
In order to stop bitcoin, authorities would have to shut down the internet which is impossible. So I predict that their next move is to launch enormous taxes to discourage people from owning bitcoin, and prevent mass adoption as competition for their corrupted CBDC's that still have to be launched. The purpose of their regulations is to take over the entire bitcoin market, of course. They will make you sell, either by launching huge taxes for ownership or by treating the owner of 1 BTC like a drug dealer (prison sentence).
So we need a gameplan against this.
~snip
Can I transfer the BTC from my current address, to an address that no government can ever link to me?
The Government is not about to start making up new laws just to tax Bitcoin. I wish they did. That would really piss people off and finally motivate the community to raise the pressure on the development of Bitcoin. I imagine that will lead to a more anonymized and decentralized market. I would love to see new BTC adoptees being welcomed by the community and freeing themselves of fiat slavery (Especially talking about freeing their minds of the psychological bonds that come with growing up with a centralized money system).
But Fiat is way more anonymous than Bitcoin (which was never designed to be anonymous). But BTC can easily be made anonymous (but we are not allowed to talk about the M word anymore. Because it does not exist
).Can I transfer the BTC from my current address, to an address that no government can ever link to me?