Governments Now Considering New Bitcoin & Cryptocurrency Tax Laws Or Bans

Sharing is Caring!

by Jason Burack of Wall St For Main St

At the end of January 2021 India was already talking about banning Bitcoin and crypto currencies.

Now, in just the last 10-14 days many, many more governments including Turkey, Saudi Arabia and others are talking about taxing Bitcoin and crypto currencies more ex post facto (after the fact and after people bought them) or outright banning them.

Why?

Because private competing currencies like Bitcoin threaten government’s monopoly on currency creation.

Prior to Bitcoin being created by the Cypher punks and Satoshi, many private currencies were attempted. Some were gold or silver backed. Those people ended up criminals and in trouble with the US government.

See also  Bear Market In Stocks Is Far From Over? Governments Causing Global Energy & Food Crisis

FULL SHOW NOTES AND LINKS HERE

Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy patreon.com/wallstformainst​​

Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  "Markets Like Totalitarian Governments" | Larry Fink CEØ of the entire world

Views: 4

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.