Recent content by Rotor

"If a Physical or Legal Person who is tax resident in Cyprus trades Cryptocurrencies on a regular basis then profits will be taxed as any other trading activity for Companies (12.5% Corporation Tax and Dividend or Deemed Dividends will apply accordingly) and for Physical Persons at the income...

Keep in mind that all these centralized exchanges will soon implement the travel rule, DAC8 for EU and many others things that will seriously affect privacy.

Yes reading BTC and ETH charts is becoming harder and harder. For some other alts it's a no brainer that there's a lot of upside ahead. And since so far everything in crypto still moves in locksteps, I guess BTC and ETH will still go up (or sideways in the worst case scenario). Don't worry Jay...

The fiat illusion is crumbling and the Wizard of Oz is out of tricks. So everything goes up, for the next few months at least...

Yes just fear tactics and psyops to try to scare the weak minded. They will make an example here and there to try to spread terror. Pretty much a Covid repeat with a crypto flavor.

Yes I have never understood why the devs of some of these privacy tools were public figures. The bare minimum is to go anon from the beginning.

Exactly. Nothing wrong about being fearful, just don't go into the privacy business in the first place. And don't be grandiloquent about your fight for humans rights when you know you will surrender by anticipation.

Quite amusing and pathetic at the same time to see all these wannabe privacy and freedom fighters cave at the first signs of trouble.

Yes Credit Suisse was very solid financially... And UBS bitching about capital requirements is surely a sign of strong financial solidity too... https://www.reuters.com/business/finance/ubs-says-seriously-concerned-about-new-capital-requirements-talk-2024-04-24/

There was a good essay of Arthur Hayes, ex CEO of Bitmex exchange, on why a liquidity air pocket could be expected in April. A bit long and technical but worth a read: https://cryptohayes.substack.com/p/heatwave?utm_source=profile&utm_medium=reader2

Any reasons for Dubai and not some tax free Caribbean islands? From the outside it does look like Canada is going bonkers. Exiting while it's still possible would be a good idea.

I don't get it either and it has always bothered me. A nationwide CBDC rollout test with a Bitcoin pretext?

Enquire about BVI.

Yes for sure some would really enjoy to see them fail . Being the first mover in this case is not really an advantage, you make all the mistakes and take all the beatings that those coming after you will make sure to avoid.

And the amateurish awards of the year goes to: https://insidebitcoins.com/news/security-breach-hits-el-salvadors-official-bitcoin-wallet-chivo-under-threat