In 10 years probably at least 80% of the alt coins we have now will be long gone. I wanted to say 90% but I din't want to exaggerate. Also in 10 years bitcoin's volatility should be way less than today, so I still think that the whole market will be influenced by bitcoin movements, but I don't think we'll see -40% movements.

So you are pretty much complaining that bitcoin is become more stable and less "extreme" compared to what it used to be? Before people complain that bitcoin can't be taken seriously because of the high volatility, then volatility gets reduced and people complain because the price doesn't change... People like you should really go a post office and ask there investment advise because clearly you don't deserve bitcoin.

I remember that I read an article time ago (which I can't find right now) that was explain why and how people are willing to pay taxes up to 15% if I remember properly, when taxes go above 15% usually people will start finding ways to declare less, etc, because they feel it's too much. Of course the more they increase taxes, the more people will start declaring less than what they should actually declare to save some money.

How can you tax something at 100%? If you tax 100% of the gains it means that they take everything, so why should someone even take the risk to buy crypto in that case? It also would be a ridiculous way to ban cryptos, at that point they can simply say they are banned, just like China did, hiding behind a "100% tax rule" doesn't make sense.

Or simply people will completely stop declaring any crypto possession and will find a way to spend cryptos without withdrawing them from the exchanges. 30% is already crazy, 50% it really means they live on a different planet.

Anyone who is holding a much larger holding of cryptocurrency will move out of the country rather than paying 30% tax because you are bound to pay irrespective to your profit or loss from what i understand. I know a few individuals who already moved out to tax free heavens and i know a few planning to move out of the country simply because of 30% tax which is really high with the amount of crypto they are holding.
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I think it's almost kind of funny how governments always think that simply raising taxes is the solution for everything, and at the same time the more the taxes are high, the more people will do everything in order to avoid paid them. Several countries are already losing crypto-millionaires because of the crazy taxes, and some smart countries are welcoming this new wealthy generation that is going to invest and spend money in their countries.

Il problema di fondo è che non hanno voglia di sbattersi, tutto lì. Non per niente di solito le banche sono quasi tutte a favore o contro, è difficile trovare banche neutrali. Mi ricorda molto la situazione che ho dovuto affrontare quando dovevo aprire un conto bancario negli USA prima dell'arrivo del visto: svariate banche mi dissero che non era possibile farlo oppure volevano una quantità ridicola di documenti; poi ho conosciuto un italiano che lavorava in banca e lui si è specializzato ad aprire conti a stranieri nella mia situazione, quindi portava un sacco di clienti alla sua banca perché è tra le pochissime persone che sapeva come svolgere questa procedura, tantissimi altri invece non volevano seccature e preferivano rinunciare.

I don't think either, even if they're autonomous they are still part of Portugal, and something important like the national currency is something above them. The only direct way would be to become totally independent, but it wouldn't make sense. Let's see if in the next days there will be more declarations from Madeira's president.

To be honest I'm very surprised to see that 7.30% of the Indian population own crypto, it's way more than what I was expecting. Anyway I don't change my mind, we always looked at China as one of the most important countries for the crypto world, they banned bitcoin, closed down exchanges and mining factories, and yet we're still here. At this point I'm curious to see if the Indian government will understand that this 30% tax is not gonna help anyone.

One of the main reasons, probably, is that there still are too many whales out there, and if they work together they can actually move the price as they prefer. And of course paper hands as soon as they see a -3% sell everything, making their game. Anyway lately many bitcoins have been bought by big companies, and I feel like the price has been a little more stable, probably because they don't care selling when it goes down since they have more market experience.

Wow, that's pretty crazy! But it also makes sense, at the end the ATM are mainly made for people who want to change some extra money or want to get a "bitcoin experience", maybe because they can simply say they bought some bitcoins, well, satoshis. At least the more the install the more people will start wondering if maybe they should change some useless fiat for bitcoin.

Yobit and HitBtc were kind of shady almost since the beginning, I've never used them and I absolutely don't plan to ever do it. I'm surprised there still are people who use those exchanges. I've only used Bitstamp at the very beginning, then Kraken and Bitfinex, now pretty much only Binance, Kucoin and Gate.

Your idea could (unfortunately) actually become reality in the next years. The European Union is already trying to make a new law in order to add a KYC feature to every single address used to withdraw/deposit to an exchange. Of course even the CEXs are against this because it would take a huge amount of time and energy to check and register ever address used by every single user.

Actually they are not countries: Madeira is an autonomous region in Portugal while Prospera is a jurisdiction in Honduras. They are more independent but they're still part of the mainland countries since both of them, if I'm not wrong, are islands. At least it's a first step but for the moment El Salvador is still the only country using bitcoin as legal tender.

I double checked, it happened in February 2014 and they stole approx $473 mln, which of course is a huge amount of money even today, but at the same time it's not that much compared to the current exchanges gains through the commissions. CZ alone is worth at least $75 billions, so the difference is huge.

With my statement I don't mean we need to trust CEX at 100% but for sure many things changed in the last 7-8 years.

I think that Satoshi would be more focused on the bitcoin adoption rather than the price. Anyway considering that bitcoin was created a little more than 10 years ago, the current result is astonishing in my opinion, if we look where it started and all the problems it went through, it's unbelievable that now we even have a country that uses it just like others do with fiat.

Fiat won't disappear anytime soon, that's for sure. Regarding your concerns about the privacy, well, let's say that bitcoin really becomes mainstream, I can totally image several governments making new laws to link your ID to a specific bitcoin address, just like if it was a bank, and for example to buy something at the supermarket you have to show a proof that you're the real owner of that "certified" address. Of course people will continue to use also "non-registered" addresses, but I'm pretty sure the governments will find a way to have way more control over bitcoin transactions.

I'm a little confused at this point, so what are exactly the big news regarding Madeira if bitcoin is not (yet) accepted as legal tender? Because as you pointed out cryptos (for the moment) are not taxed in Portugal unless you're a professional trader, so what are we talking about?

Associazione dei commercialisti sulle criptovalute? Esiste una cosa del genere? Hanno un sito? Sarei curioso di vedere i nomi dei commercialisti iscritti dato che dici che sono tutte banalità quelle dette fino ad ora. Non che conosca molti commercialisti che trattano cripto però alcuni nomi sono abbastanza famosi.

Mi sto informando ulteriormente, pare che vari siti, tra i quali anche alcuni che seguivo, abbiano riportato la dicitura "legal tender" quando in realtà sembra che non sia così, mi scuso per l'informazione sbagliata.

A questo punto bisogna aspettare ulteriori informazioni per capire quali sarebbero gli ulteriori vantaggi di Madeira.