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source https://www.reddit.com/r/btc/comments/uz4icw/the_deevolution_of_bitcoin_magazine_ladies_and/
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Citizens of Brazil are now required to pay tax on any cryptocurrency-related activities and revenue, as announced by the Federal Revenue of Brazil (RFB). This new law means that every cryptocurrency-related activity like NFT flipping, remittance, and trading activities are taxable, with some exceptions.
However, the enforcement is a bit confusing and surprising to see as, currently, no cryptocurrency exchange supports the Brazilian Real, which is the national currency of Brazil.
In a memo published in the Diario Oficial da Uniao, which is the official journal of the Federal Revenue of Brazil, the outcome ...
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One thing, CBDCs.
03/Jan/2009 Chancellor on brink of second bailout for banks
The Emergencies Act in Canada earlier this year escalated into the Canadian government's mobilization of the banks against their own citizens. They targeted individuals bank account's involved in the protesting or the funding of the protestors and froze their bank accounts without warning. Scary.
Satoshi created Bitcoin as a means for people to opt for something better, more secure, more valuable, and censorship resistant. The last few years couldn't be more of a clear example for people to realize that Bitcoin truly brings power back to the individual.
Read a full update on CBDC developments I found here
The cryptocurrency market has taken a downturn in recent weeks. Bitcoin, the bellwether for the crypto market, hit a 52-week low last week, a slump not seen since December 2020, and with it, the rest of the altcoins. Mastercard was not deterred from expanding more into the cryptocurrency space, despite the recent market volatility linked to several factors. Regardless of this current crypto crisis, enterprising executives and investors are optimistic about the cryptocurrency industry's long-term potential.
Mastercard has capitalized on this market condition by making strategic partnerships with crypto platforms to make the best of this ...
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I have seen many people asking how to increase your sats? And they are trying to go through this staking, yield path. I fell staking is a "scam" in its very nature and is almost as legacy bonds with government. And we are seeing how it is turning out for us. So much misery around all of us.
The way I see you can get more SATS is: By selling your expertise or service that you are good at.
That's how you will store your value of your time and effort at that very moment, for future utility.
You want more btc, scale up your personal skills, learn new things and sell them for more btc.
According to me this should be mindset.
I draw these conclusions from what I have seen in gold:
You want more gold, sell your skills for gold. It was being done for centuries.
No one paid out gold for storing your gold as far as I know.