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Author Topic: Bitcoin's freedom is Absolute!  (Read 580 times)
klidex
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January 21, 2023, 08:41:38 AM
 #61

Shying away from taxes and regulations will only make our life worse because the entire system is centralized and connected. ..., at some point of time you will have to integrate with the real economy!

Shying away from taxes, wanting to remain 100% anonymous and not integrating with the economy is one of the reason bitcoin owners are accused of illegal business because no one can actually tell what they do and how they do it.
But it will be difficult for us to avoid taxes because the government can easily find people who don't want to pay taxes. But if the government wants to understand how much tax must be paid by crypto users and not apply too high taxes, I think crypto users might want to pay taxes. After all, not all crypto users are rich people with lots of money and other sources of income.
One of the efforts of the state government to legalize crypto is indeed to be able to apply taxes with the aim of these taxes as a source of state financial income.
So we as wise crypto users can take the positive side of the tax that can make a country legalize crypto and on the other hand to help the country from financial inflation.
If you say that not all crypto users are not rich, I justify it and the taxes that are applied are also not the same for each user because the amount of tax that is applied depends on the amount of crypto assets held and the amount of assets when making a transaction, so there is a difference from any taxes requested.
Hopefully, the government will pay attention to the fact that each crypto user has different assets. But with the 4 year cycle of bitcoin, the amount of tax that will remit to the government will increase drastically because, at that time, a crypto user can have potential assets that can increase. On that 4 year cycle, he may have huge profits from its assets. And that would cost him huge taxes.
We as investors can overcome this.
The Bitcoin cycle does occur every 4 years and every investor will definitely get a big profit from their investment assets at that time.
By selling all assets when the Bitcoin cycle occurs and waiting for the right time to make withdrawals and withdrawals, we do it gradually indirectly as a whole, so we can minimize the amount of tax we will pay, so there is no need to worry about the size of the tax given because we can still find ways to minimize taxes on the state.

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January 21, 2023, 09:04:10 AM
 #62

(....)
My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.
This is the point indeed what you can see right now on the internet. Most of the people who love privacy, will always advice you on some privacy matters that what they can see, they will educate you that x is bad, y is good, and you should this, and that.
I got your point, freedom always comes from our self. Just like they way we start using Bitcoin, it became freedom already.

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Nrcewker
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January 21, 2023, 09:43:51 AM
 #63

Bitcoin is an absolute freedom.

All thanks to Satoshi. He created this amazing decentralised coin for which we have become independent in managing our money. Definitely due to this, many have saved tons of money from paying the unnecessary tax. Moreover you are getting full control over your money and wealth, whereas in bank, you need to follow certain rules and the money aren’t completely yours. Many people have already known the true value of Bitcoins, and they can completely take the profit of decentralised nature, if they do the P2P deals while buying Bitcoins. Really the innovation of Bitcoins have completely changed the Era.

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January 21, 2023, 10:19:20 AM
 #64

You have no "financial freedom"... when you choose to use third party services ... or if you go through the KYC procedures or when you divulge your private financial information to the public ..by re-using Bitcoin addresses and sharing your Private key.

Yes, you used your freedom of choice... but you sacrifice your financial freedom.  Roll Eyes  I think that is what Satoshi's goal was for people, when he created this technology. (Pseudo anonymity and no sharing of your private financial information ....and reliance on 3rd party services) 

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January 21, 2023, 10:27:58 AM
 #65

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.

It's not anti bitcoin for a user to do KYC on exchanges, but KYC in itself is against one of Bitcoin's core values, privacy. It is anti bitcoin for KYC to be mandatory across of any means involving the exchanging of Bitcoin, and if those who require KYC were to choose which way it should be, they would choose KYC to be mandatory everywhere. Therefor, KYC is somewhat anti-bitcoin in the sense that it goes against its values.
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January 21, 2023, 11:11:10 AM
 #66

Bitcoin is an absolute freedom.

All thanks to Satoshi. He created this amazing decentralised coin for which we have become independent in managing our money. Definitely due to this, many have saved tons of money from paying the unnecessary tax. Moreover you are getting full control over your money and wealth, whereas in bank, you need to follow certain rules and the money aren’t completely yours. Many people have already known the true value of Bitcoins, and they can completely take the profit of decentralised nature, if they do the P2P deals while buying Bitcoins. Really the innovation of Bitcoins have completely changed the Era.
I totally agree with your opinion, all of this is thanks to Satoshi so that we can get absolute freedom in investing and trading bitcoin, we can also get full control over the wealth that we get from bitcoin, Satoshi, starting from the beginning of the white paper project, has hidden his identity very tightly, the goal is that he doesn't become a target for the CIA and the government, because the technology created by Satoshi is very sophisticated, if Satoshi shows himself maybe the bitcoin project will be a little not decentral because there will be an idolized figure, but whoever he is, he has sacrificed himself for humanity .

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January 22, 2023, 08:03:10 AM
 #67

Shying away from taxes and regulations will only make our life worse because the entire system is centralized and connected. ..., at some point of time you will have to integrate with the real economy!

Shying away from taxes, wanting to remain 100% anonymous and not integrating with the economy is one of the reason bitcoin owners are accused of illegal business because no one can actually tell what they do and how they do it.
But it will be difficult for us to avoid taxes because the government can easily find people who don't want to pay taxes. But if the government wants to understand how much tax must be paid by crypto users and not apply too high taxes, I think crypto users might want to pay taxes. After all, not all crypto users are rich people with lots of money and other sources of income.
But how could they put Taxes in crypto? this is why government wanted to enter the crypto market so at least they can figure out how to take money from us , and this is the argument that until now is up.
but for me? i am in favor of this so they might consider legalization and adoption in early time.
I have no idea how the government can do it but the government sure can do it if it's for the sake of getting extra taxes from people. Maybe the government can cooperate with local and foreign banks or exchanges to request a list of names of its citizens who use exchanges or from the bank so that the government can sort out each of its citizens to be taxed. I also support it but I just hope the government adjusts the tax for each crypto user because not all crypto users have many crypto assets.

Shying away from taxes and regulations will only make our life worse because the entire system is centralized and connected. ..., at some point of time you will have to integrate with the real economy!

Shying away from taxes, wanting to remain 100% anonymous and not integrating with the economy is one of the reason bitcoin owners are accused of illegal business because no one can actually tell what they do and how they do it.
But it will be difficult for us to avoid taxes because the government can easily find people who don't want to pay taxes. But if the government wants to understand how much tax must be paid by crypto users and not apply too high taxes, I think crypto users might want to pay taxes. After all, not all crypto users are rich people with lots of money and other sources of income.
One of the efforts of the state government to legalize crypto is indeed to be able to apply taxes with the aim of these taxes as a source of state financial income.
So we as wise crypto users can take the positive side of the tax that can make a country legalize crypto and on the other hand to help the country from financial inflation.
If you say that not all crypto users are not rich, I justify it and the taxes that are applied are also not the same for each user because the amount of tax that is applied depends on the amount of crypto assets held and the amount of assets when making a transaction, so there is a difference from any taxes requested.
Hopefully, the government will pay attention to the fact that each crypto user has different assets. But with the 4 year cycle of bitcoin, the amount of tax that will remit to the government will increase drastically because, at that time, a crypto user can have potential assets that can increase. On that 4 year cycle, he may have huge profits from its assets. And that would cost him huge taxes.
We as investors can overcome this.
The Bitcoin cycle does occur every 4 years and every investor will definitely get a big profit from their investment assets at that time.
By selling all assets when the Bitcoin cycle occurs and waiting for the right time to make withdrawals and withdrawals, we do it gradually indirectly as a whole, so we can minimize the amount of tax we will pay, so there is no need to worry about the size of the tax given because we can still find ways to minimize taxes on the state.
Indeed maybe they will do that but there is a possibility that some crypto users will immediately withdraw all their profit money in one withdrawal so this will trigger the attention of the bank to see a large amount of money being sent. Then, of course, the bank will send a report regarding the existence of large-scale transactions from several of its users and the government will investigate further. Maybe the scenario will be like that but I don't know. The government can do it in many ways that we would never have thought of.

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January 22, 2023, 09:15:47 AM
 #68

Shying away from taxes and regulations will only make our life worse because the entire system is centralized and connected. ..., at some point of time you will have to integrate with the real economy!

Shying away from taxes, wanting to remain 100% anonymous and not integrating with the economy is one of the reason bitcoin owners are accused of illegal business because no one can actually tell what they do and how they do it.
But it will be difficult for us to avoid taxes because the government can easily find people who don't want to pay taxes. But if the government wants to understand how much tax must be paid by crypto users and not apply too high taxes, I think crypto users might want to pay taxes. After all, not all crypto users are rich people with lots of money and other sources of income.
One of the efforts of the state government to legalize crypto is indeed to be able to apply taxes with the aim of these taxes as a source of state financial income.
So we as wise crypto users can take the positive side of the tax that can make a country legalize crypto and on the other hand to help the country from financial inflation.
If you say that not all crypto users are not rich, I justify it and the taxes that are applied are also not the same for each user because the amount of tax that is applied depends on the amount of crypto assets held and the amount of assets when making a transaction, so there is a difference from any taxes requested.
Hopefully, the government will pay attention to the fact that each crypto user has different assets. But with the 4 year cycle of bitcoin, the amount of tax that will remit to the government will increase drastically because, at that time, a crypto user can have potential assets that can increase. On that 4 year cycle, he may have huge profits from its assets. And that would cost him huge taxes.
We as investors can overcome this.
The Bitcoin cycle does occur every 4 years and every investor will definitely get a big profit from their investment assets at that time.
By selling all assets when the Bitcoin cycle occurs and waiting for the right time to make withdrawals and withdrawals, we do it gradually indirectly as a whole, so we can minimize the amount of tax we will pay, so there is no need to worry about the size of the tax given because we can still find ways to minimize taxes on the state.
these are if we called investors can keep waiting for at least years from now , and not to consider selling at these stage as there are some growth happening little by little.
I will have this wait for my investments now as I have already sold small part for the coming dump(in case it happens again.)



RealMalatesta
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January 22, 2023, 03:41:31 PM
 #69

Bitcoin is an absolute freedom.
All thanks to Satoshi. He created this amazing decentralised coin for which we have become independent in managing our money. Definitely due to this, many have saved tons of money from paying the unnecessary tax. Moreover you are getting full control over your money and wealth, whereas in bank, you need to follow certain rules and the money aren’t completely yours. Many people have already known the true value of Bitcoins, and they can completely take the profit of decentralised nature, if they do the P2P deals while buying Bitcoins. Really the innovation of Bitcoins have completely changed the Era.
I totally agree with your opinion, all of this is thanks to Satoshi so that we can get absolute freedom in investing and trading bitcoin, we can also get full control over the wealth that we get from bitcoin, Satoshi, starting from the beginning of the white paper project, has hidden his identity very tightly, the goal is that he doesn't become a target for the CIA and the government, because the technology created by Satoshi is very sophisticated, if Satoshi shows himself maybe the bitcoin project will be a little not decentral because there will be an idolized figure, but whoever he is, he has sacrificed himself for humanity .
I agree that it is something that we should be quite proud of to be part of, and that all thanks to Satoshi. I am not saying that we shouldn't be really considering Satoshi like a leader or a god or an idol, because that's the type of thing that he tried to avoid.

Imagine it this way, if he wanted any of the attention or love, wouldn't he stick around? Or wouldn't he leave just a tiny bit of crypto to himself or at least a tiny bit of control? Dude built the ultimate decentralized thing and just got out. That is why I believe that we should have a respect towards him, and it should end there without going any further at all. Wouldn't have made any other sense any other way.
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January 22, 2023, 07:25:34 PM
 #70

Bitcoin was created by Satoshi Nakamoto to make us not to be dependent on third parties such as government and banks to control our money. Satoshi gave us the opportunity to control your coins (money) without the interference of anyone. He also made us know that bitcoin is an alternative currency to fiat. This will mean that there is no limitation with bitcoin. Bitcoin is an absolute freedom.

My point is that people should stop making others feel that they are not enjoying the freedom introduced by Satoshi by not following bitcoin principles strictly. Freedom is freedom and should mean freedom.

  • If I decide to live a private life that no one knows how much I own, that is great and it is called freedom
  • If I decide to do KYC on all the exchanges and gambling sites, that is freedom
  • If I decide to leave my coins on exchanges, that is my choice, and it is called freedom
  • If I decide to share my private key with everyone I know, that is freedom
  • If I decide to use and reuse one particular address for all my transactions, that is freedom

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.
Bitcoin is a huge liberator, especially for people like me who value their privacy; even your bedmate won't know how much you worth.is really enjoying
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January 23, 2023, 03:24:50 PM
 #71

We as investors can overcome this.
The Bitcoin cycle does occur every 4 years and every investor will definitely get a big profit from their investment assets at that time.
By selling all assets when the Bitcoin cycle occurs and waiting for the right time to make withdrawals and withdrawals, we do it gradually indirectly as a whole, so we can minimize the amount of tax we will pay, so there is no need to worry about the size of the tax given because we can still find ways to minimize taxes on the state.
these are if we called investors can keep waiting for at least years from now , and not to consider selling at these stage as there are some growth happening little by little.
I will have this wait for my investments now as I have already sold small part for the coming dump(in case it happens again.)
Called? Or pleased? But I think we can't just do that to them because we don't know what they have been through in life. Maybe they are struggling to meet their ends so they can't help but to sell some of their coins without really needing to wait for the best moment A.K.A the bull run but they can always re-buy when they have the money again so they still have the chance to experience a bull run as long as it hasn't came yet.

In your case, you already sold some because you think a dump will occur? But you shouldn't do it if you don't sincerely need the money. You can always keep on hodling even if the price dumps and you will be just fine.

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