As we go deeper and put ourselves in the realm of cryptocurrency world, the issue of taxes remains a pressing problem and concern for investors of countries where they obligate you to pay a percentage of the assets you own. Especially in some regions such as Japan or Belgium, Honestly, what made me think like this is reading about many topics about the new laws and the amount of taxes crypto users are giving to governments including some users in this forum.
When you make such comparisons, there is often a misunderstanding. These are not just taxes, but in many countries also include insurance for pensions, health and long-term care insurance, which guarantee a certain level of protection.
For example. In Germany, crypto profits are completely tax-free for a holding period of 1+ year (as far as I know, there is no other country where this is the case). If you sell them within the one year, then the personal tax rate on the profits applies, and this can be between 0% and 45%, with only around 22% of the 45% being pure income tax. The remaining 23% are various obligatory insurances as mentioned above.