mbl on Nostr: sovereignty doesn't mean having a lot of money. Sovereignty means you are the captain ...
sovereignty doesn't mean having a lot of money.
Sovereignty means you are the captain about yourself, you and only decide for yourself. You can have 1 millions dollars without sovereignty but 1 dollars with sovereignty, it's about control.
Like it will happen in Denmark by 2026, there will be unrealized capital gain tax, that means if you have KYC bitcoin and they know your actual profit, you will be taxed on it. You will probably be forced to sell some bitcoin so, resulting in a loss of sovereignty. You are fucked because it's linked to you. These taxation will probably become the norm in all countries over time.
Having precious metals or Monero is fine because it's not traceable, you can spend it without tax and you can say you lost them too, you know the boating accident ^^
Sovereignty means you are the captain about yourself, you and only decide for yourself. You can have 1 millions dollars without sovereignty but 1 dollars with sovereignty, it's about control.
Like it will happen in Denmark by 2026, there will be unrealized capital gain tax, that means if you have KYC bitcoin and they know your actual profit, you will be taxed on it. You will probably be forced to sell some bitcoin so, resulting in a loss of sovereignty. You are fucked because it's linked to you. These taxation will probably become the norm in all countries over time.
Having precious metals or Monero is fine because it's not traceable, you can spend it without tax and you can say you lost them too, you know the boating accident ^^