Where I'm at capital gains is about 20%. It's a fair bit but I've always written it off in my mind anyway so it isn't a factor for me.
Assuming you live in a place where you are taxed, and there are quite a few that aren't, would you consider going through the rigmarole of moving and limiting your time in taxed places to preserve your crypto profits if they were a significant amount and you wanted to sell?
It sounds like far too much hard work to me, but if rates crept up to 40-60% or more I think I probably would look into buggering off as they certainly don't deserve that much.
What of yourselves?
Over here capital gains is 10% but bitcoin sale is still not considered as an asset to be subjected to that form of tax. Eventually, if it get categorized and we need to pay tax its not going to be unbearable to pay because of our overall tax policy which is to bring large number of people into the tax net in other to increase the tax revenue rather than increasing the tax rate which 40%-60% will run contrary to and that can be contested in the law court.
If government won, and I have to pay such amount, going exile won't be an option because what is the point of having to spend profit or excess money without friends, family and the community I will eventually have to pay and enjoy what is left with people that matter to me.