... and so it beginshttps://www.ccn.com/bitcoin-heightened-attention-european-commission/ …
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Replying to @CryptOrca
Do you hear that noise? what is it? its the knock at the door / the IRS .., thats the last noise you hear. Good Luck.
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Replying to @AntonKreil @CryptOrca
You can only tax if it goes back to a national currency and that nations government can tax it. If you stay in BTC well... "Yes, I swear, that's all my wallets"

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Replying to @Kim_McVicar @CryptOrca
try explaining it to a bureaucrat from the IRS once they open an investigation into you personally or your company. burden of proof is on you to prove you dont owe them what they say you owe them. to get to that point they'll seize all your devices and find out themselves.
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Replying to @AntonKreil @Kim_McVicar
You're jumping way ahead Anton, why in first place open investigation ... there is no crime in trading
$crypto. And if so, they can have all my electronics ... doesnt mean they can get to my funds. Educate before you embarress yourself1 reply 0 retweets 1 like -
Replying to @CryptOrca @Kim_McVicar
...translated ... "there is no crime in not declaring your profits in financial products and paying your taxes..." eerrr... there is....fact! please look into it properly. youre leaving in a dream world.
1 reply 0 retweets 0 likes -
Replying to @AntonKreil @Kim_McVicar
What makes you think we dont declare profits and pay taxes. Most
$cyrpto exchanges work with AML/KYC nowday's.1 reply 0 retweets 3 likes -
Replying to @CryptOrca @Kim_McVicar
THAT WILL BE ITS DOWNFALL..more regulation, more Govt infrastructure means painting the tape becomes impossible and also means the whole "decentralization" narrative collapses. When you buy, the Govt is implicitly long alongside you. Doesnt mean Govt legitimizes, it destroys it.
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AS SOON AS ONE GOVERNMENT COMES UP WITH THE BLUEPRINT TO REGULATE AND TAX IT PROPERLY... THE REST OF THE WORLD WILL JUST COPY THE MODEL. INSTANT TAX REVENUES. INSTANT DE-LEGITIMIZATION OF THE NARRATIVE.
2 replies 0 retweets 2 likes
lol ... keep calm Anton caps dont impress. Anyways, taxes and regulation ... we here (Netherlands) have no issue. Max 1.6%
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