Quote from: Synchronice on November 11, 2024, 04:43:01 PM

Quote from: AsiaHODL on November 11, 2024, 04:03:27 PM

Quote from: Synchronice on October 28, 2024, 07:07:21 PM

In what world does it make any sense to set taxes on unrealized gain? Especially on as volatile asset as Bitcoin is? This is crazy! This will be an additional headache for every investor. Denmark should be aiming to motivate people to know what cryptocurrencies are and to invest in it but instead they make it less attractive for people while UAE does amazing job at attracting investors and businesses all over the world. This doesn't make sense and I hope they'll understand that everything should not be taxed.

True, but either way, people can move. They have the choice - stay where you value is stolen form you by law, or move where you are treated best.

People can move, sure, but that's not the solution to the problem. When something inappropriate happens, people should unite and fight against it instead of leaving their own country. This is definitely not my problem, more likely the problem of Danish people but it's still sad that Denmark, one of the most amazing country with high quality of life, instead of adopting future technologies, is doing the opposite of it. After the ETF approval and interest from other countries, it should also be Denmark's interest to have as many Bitcoin holders as possible in their country. It sounds very strange for me that they do the exact opposite.

I believe they will soon realize that this initiative would be hard to implement as the gain/profit is quite subjective.