the tether story doesn't have an ending yet...
The tether story doesn't have an ending yet
Ian Stewart
Ian Howard
>seized almost 400 mln EUR
>its all USD
fake
Ryan King
>What are stock images?
Liam Brooks
more interesting news from poland. the ministry of finance decided that all trades are to be taxed on the basis of the amount traded, not gains.
People are screaming on twitter that after a month of swing trading where they now have $4k in capital, they owe $125k in taxes
Jeremiah Mitchell
Lol is this real? That stupid as hell if true.
Alexander Parker
FUDders are getting desperate with obscure Polish articles.
Wyatt Kelly
It's priced in.
Levi Scott
He meant that bitfinex doesnt have 400mil euros LOL they themselves have said this on their site, 95% of the cash is in USD
Jose Bell
it could be EUR value of USD
Nolan Hall
It's real. Poland currently has the worst crypto tax law in the entire world.
Joshua Clark
So i suppose Pols are Jew trash
Nolan Richardson
It's not so much the law but the interpretation of the law by the ministry - good chance we'll see court cases challenging this soon. But yeah it's absolutely fucking oppressive
Ian Miller
Thank God for binance, fuck these retards ill become tax refugee if i have to
Jaxson Richardson
They tax also in my country all the trading without even cashit out as fiat.. its pain in the ass to track all sells and buys etc, but what can ya do..
Jeremiah Green
How the hell would even government track all my trading an all the various exchanges?
Josiah Cook
They ask you for prove it by showing all the transactions/trades,, history of exchanges. And if you do not show it, you'll get in trouble.
Easton Mitchell
Alright, I was worried they might want that.
I'm cashing out at the Bitcomat in my town. They charge around 5% fee, but it's still better than Coinbase fees with taxes.
Eli James
thinking of emigrating at this very moment
Oliver Gray
They can't ask you to prove it if 1) you didn't submit KYC to the exchanges aka you aren't verified, and 2) you haven't cashed out in a way where they have your info (kyc). Basically if you haven't submitted your government id to any exchange then nobody knows shit.
Carter Miller
Puerto Rico is supposed to be legit.
Michael Thompson
>insolvent
oh boy
Ethan Green
>And if you do not show it, you'll get in trouble.
Ffs we are on the brink of technology that could end our financial enslavement and you fucks get scared to the point of running to the feds and cheap tax jews that don't know a goddamned thing about crypto but will tell you you owe a shitton in taxes.
Get fucked.
Colton Martinez
don't think you'd be able to operate with any non-trivial sums without submitting in your KYC at some point
Jacob Hill
guess you really like jailtime. nerds don't do well there
Joshua Perez
You're a fucking idiot.
Charles Williams
>no rebuttal
>honorary typical slavic drooling retard
Mason Hughes
Legal burden is on exchanges to do KYC, not the customer. So if you found an exchange that didn't do KYC then you're not operating illegally, until the point you file a false return or don't file at all. Which is tricky for a Britbong like myself, as end of tax year just happened and I have to decide how much of my "foreigner currency" aka crypto I am declaring.
Jose Brooks
>what are decentralized exchanges?
Henry Evans
>Forcing people to go long
Absolutely based