Korea has zero crypto taxes and cheaper cost of living - not a major factor in my decision
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Are you not being pursued by the Korean tax authorities for over $78m in unpaid business taxes? Singapore has lower business taxes and zero capital gains tax. Your ex-dev also mentioned Korean tax officials were 'harassing' employees in your office. Come on now...
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We have no outstanding tax liabilities in Korea
The NTS did conduct a tax audit across all the major crypto cos with a presence in Korea and applied Korean tax code to foreign mother companies, and every company ended up paying as a result - we paid in full
Not unique to TFL
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Very interesting - that's completely contrary to what the media says, but thank you for the information. It would be awesome if you could post more details/evidence of this at some point.
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Understand why this would be interesting to look at for gossip but not sure if its relevant to anything thats going on
Korean govt needed money to shore up covid spending, creatively charged millions from crypto companies, and we paid our share in full - all there is to it
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We are down $30 billion this year
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Can you listen to all the people who are asking for a LUNA burn? The proposal even passed and you don’t care.
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How would I burn Luna exactly
I dont own the Luna millions of people are holding, and we control less than 0.1% of the supply
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So you want to say to me that it's so difficult put a tax in buy and sell and using it to burn Luna? With only 1 your tweet about this new way to recover Luna volume will be x10 and Luna will come back at ath. In this way ALL people,Cz,pre and post investors will be ok! DO THIS!!
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Make a gov proposal to set tax_rate to 0.02 and tax_cap to some really high number then - i just dont think its going to be effective
Yes, it will. Well over 90% of holders want to see this. It will take on a life of its own once outstanding coins constantly diminish. Any alternate path is just going against the vast, vast majority of the “community.”
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At least try it. If it doesn’t work, then at least the community will see that you tried
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So just do it, YOU have to make this proposal. Why ? You may ask ... Because you're the captain aboard and if it sink, then you sink with it.
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He’s made a nice chunk from all of this. He’s going to be far from sinking.
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make a tax depending on the amount of the transaction and on the total offer
Txs tax wouldn't help that much but with over colleteralizd algorithmic stable coin swaps fees you can burn the crypto at all 😉
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started proposal to burn with fees and had a call but u dont care probably it doesnt work for u and ur plans 😂u want to do what u want, but dont forget none will trust u anymore with ur headstrong
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There is no wrong with the fork, ur action was late to stop the minting luna, it didnt work like u dreamed, now many new investors and u dont want make them rich cause u r not included 😂no need excuse #BurnLuna 🔥
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