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BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!

 
Anonymous Coward
User ID: 77950187
United States
05/16/2022 03:23 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
Ask the FBI
Anonymous Coward
User ID: 1073423
United Kingdom
05/16/2022 03:45 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
They can't tax any of that shit until you're stupis enough to 'cash' it in for their fiat.

Knuckleheads never learn.


burnit
 Quoting: Anonymous Coward 1073423



The could tax it as a value, without cash-in under certain circumstances.
 Quoting: Anonymous Coward 83259806


No they can't.

They can only tax their property.

Think about that, I'll say it again : They can only tax their property.

So, who's property are you - or more accurately : who's property is what you think your NAME is? The NAME you use for commerce, their NAME, in CAPITALS as evidenced by 'your' driving lisence, BANK account, passport etc.?

If you're using 'someone elses' property you gotta pay them for it.

Like a taxi or a train ride. Use their 'service' pay the price - or fucking use something else that ain't theirs - crypto, privacy coins - or gold.

No copyright of ownership - no tax.

Brainwashed knuckleheads can't seem to figure that shit out, and it's really simple.

Feeling me yet?



burnit
Anonymous Coward
User ID: 83273943
United States
05/16/2022 03:51 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
They can't tax any of that shit until you're stupis enough to 'cash' it in for their fiat.

Knuckleheads never learn.


burnit
 Quoting: Anonymous Coward 1073423


They absolutely can. Either tax for the electricity used to maintain or trade, or like the US is about to do tax unrealized gains on digital assets. With luck they will get a 50 percent tax on gains regardless if you sale or not.

It’s a winning policy helps the deficit and only 1 percent of the population cares maybe 2 percent but adoption is absurdly low and institutional adoption is zilch so there isn’t any reason not to take it all.
Anonymous Coward
User ID: 83273943
United States
05/16/2022 03:53 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
And how are they going to match-up any Bitcoins they find
with actual real people?
 Quoting: Anonymous Coward 22935650


They will just place a firewall on the hub entering the country and you pay the tax to bypass the firewall in their jurisdiction.

They own the wires unless crypto people create an internet keep your coin moving it requires the government.
Anonymous Coward
User ID: 83273943
United States
05/16/2022 03:56 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
They can't tax any of that shit until you're stupis enough to 'cash' it in for their fiat.

Knuckleheads never learn.


burnit
 Quoting: Anonymous Coward 1073423



The could tax it as a value, without cash-in under certain circumstances.
 Quoting: Anonymous Coward 83259806


No they can't.

They can only tax their property.

Think about that, I'll say it again : They can only tax their property.

So, who's property are you - or more accurately : who's property is what you think your NAME is? The NAME you use for commerce, their NAME, in CAPITALS as evidenced by 'your' driving lisence, BANK account, passport etc.?

If you're using 'someone elses' property you gotta pay them for it.

Like a taxi or a train ride. Use their 'service' pay the price - or fucking use something else that ain't theirs - crypto, privacy coins - or gold.

No copyright of ownership - no tax.

Brainwashed knuckleheads can't seem to figure that shit out, and it's really simple.

Feeling me yet?



burnit
 Quoting: Anonymous Coward 1073423


Idiot they own the infrastructure of the internet. Use their wire or network to move it it’s their rule. How popular will you be walking around with a cold storage receipt saying BTC got a BTC can’t trade it through 99.9 percent of networks but I have a BTC.
Hadriana

User ID: 13660796
United States
05/16/2022 03:56 PM

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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
I don't know how anyone is ever supposed to be able to get anything when the fat fuck taxman is standing there grabbing as much as he can get in front of the line.
Anonymous Coward
User ID: 83273943
United States
05/16/2022 03:59 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
They can't tax any of that shit until you're stupis enough to 'cash' it in for their fiat.

Knuckleheads never learn.


burnit
 Quoting: Anonymous Coward 1073423



The could tax it as a value, without cash-in under certain circumstances.
 Quoting: Anonymous Coward 83259806


No they can't.

They can only tax their property.

Think about that, I'll say it again : They can only tax their property.

So, who's property are you - or more accurately : who's property is what you think your NAME is? The NAME you use for commerce, their NAME, in CAPITALS as evidenced by 'your' driving lisence, BANK account, passport etc.?

If you're using 'someone elses' property you gotta pay them for it.

Like a taxi or a train ride. Use their 'service' pay the price - or fucking use something else that ain't theirs - crypto, privacy coins - or gold.

No copyright of ownership - no tax.

Brainwashed knuckleheads can't seem to figure that shit out, and it's really simple.

Feeling me yet?



burnit
 Quoting: Anonymous Coward 1073423


Third principal of commerce your exchange medium must be easily exchangeable and convenient to verify. Without networks (critical infrastructure under US Government control) neither is possible.
Anonymous Coward
User ID: 83273943
United States
05/16/2022 04:05 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
epiclol

You can't tax pretend money
 Quoting: - NEO -


Because you think your money is real
epiclolepiclol
 Quoting: ThePassenger


Government says so and they have the monopoly on violence not digi bit dreamers so….. yeah it’s real unless something with bigger guns shows up, then they say what money is.
Anonymous Coward
User ID: 81366458
France
05/16/2022 04:07 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!


To be fair Portugal was arleady taxing crypto gains. Unless you're not a pro and your gains were less than your regular job. So if you were a professional crypto trader you were arleady taxed. Peoples who think Portugal was crypto-tax-free were mislead.
Anonymous Coward
User ID: 83273943
United States
05/16/2022 04:15 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
If the start taxing unrealized gains then the whole world will be over.
 Quoting: BoneTrout


Not if it’s just digital assets they hit. No institutions or governmental money is tied in there.

Crypto was just a pit to soak up inflation from hyper printing. The important aspects of the Economy knew this so ripping back the value into the real system in controlled (tax) amounts will help the system not hurt it.

They won’t tax all unrealized gains that’s most voters. They can pull crypto because it’s only like 3 percent of voters insignificant.
BoneTrout

User ID: 81802822
United States
05/16/2022 04:17 PM

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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
They can't tax any of that shit until you're stupis enough to 'cash' it in for their fiat.

Knuckleheads never learn.


burnit
 Quoting: Anonymous Coward 1073423


They absolutely can. Either tax for the electricity used to maintain or trade, or like the US is about to do tax unrealized gains on digital assets. With luck they will get a 50 percent tax on gains regardless if you sale or not.

It’s a winning policy helps the deficit and only 1 percent of the population cares maybe 2 percent but adoption is absurdly low and institutional adoption is zilch so there isn’t any reason not to take it all.
 Quoting: Anonymous Coward 83273943


They only get it if you pay it. Start a bank run and pull everything out in cash before tax season.

Im not worried about it because i havent made any money in it. If person has that much get a good tax lawyer and fight all their bs.

They cant seize anything without due process .

Best thing for the usa to do is let people claim the usd as income yearly thats pulled out. Crypto might end up being their only safe haven for whats coming as well. Would be stupid for them to fk it.

Last Edited by messagehalted on 05/16/2022 04:25 PM
All my post are theatrical artistic writing .
BoneTrout

User ID: 81802822
United States
05/16/2022 04:29 PM

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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
If the start taxing unrealized gains then the whole world will be over.
 Quoting: BoneTrout


Not if it’s just digital assets they hit. No institutions or governmental money is tied in there.

Crypto was just a pit to soak up inflation from hyper printing. The important aspects of the Economy knew this so ripping back the value into the real system in controlled (tax) amounts will help the system not hurt it.

They won’t tax all unrealized gains that’s most voters. They can pull crypto because it’s only like 3 percent of voters insignificant.
 Quoting: Anonymous Coward 83273943


sorry to tell you but the stock prices will end up taking back all that printed losses. They are based on the real economy. Earnings are shit and most of them will file bankruptcy soon.

Politicians and elitist better get into digital assets. Because their house of cards is about to fall.

You people that believe elections arent a big fraud are stuck in lala land. They dont need votes anymore.

Ill place my bet that big money and politicians want in on it and thats why they are killing pump coins and running the price down. You dont stay in the stock market in economies like now.

Hell you cant even invest in can food because we wont have any soon enough.

They better wake up because the shit has gone too far and now its fkd. Cyrpto is the only thing not based on the real economy. Its based on people giving it value but acts like an asset in price gains. Its a good storage for wealth in this shit show. Everyone else will probably lose it. USD alone has to much global resistance at this point to remain the world currency.

Last Edited by messagehalted on 05/16/2022 04:49 PM
All my post are theatrical artistic writing .
Anonymous Coward
User ID: 77583323
Netherlands
05/16/2022 04:54 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
They can't tax any of that shit until you're stupis enough to 'cash' it in for their fiat.

Knuckleheads never learn.

 Quoting: Anonymous Coward 1073423


Any time you spend crypto in any way, or even swap for another crypto, you generate a 1099-B...what good is crypto if you don't want to spend it due to tax consequences?
Anonymous Coward
User ID: 83272496
05/16/2022 06:56 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
I don't know how anyone is ever supposed to be able to get anything when the fat fuck taxman is standing there grabbing as much as he can get in front of the line.
 Quoting: Hadriana


As someone said up thread, who cares about the 1 or 2 percent cointards? As long as they don’t tax people who really work. All cointards did was participate in a ponzi scheme with the intent of making money real working people get less valuable by trying to upend the system [/b.

I hope they just flat out take all their money away from them.

Fuck cointards.
Anonymous Coward
User ID: 83272496
05/16/2022 06:57 PM
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Re: BREAKING!!! Portugal confirms the country will begin taxing Bitcoin and cryptocurrency!!!
And how are they going to match-up any Bitcoins they find
with actual real people?
 Quoting: Anonymous Coward 22935650


They will just place a firewall on the hub entering the country and you pay the tax to bypass the firewall in their jurisdiction.

They own the wires unless crypto people create an internet keep your coin moving it requires the government.
 Quoting: Anonymous Coward 83273943


I think your truth just got the thread unpinned and abandoned.thumbs





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