Countries with 0% tax on Bitcoin/crypto:
1. Germany - BTC and other cryptos are considered "private money". No tax if you hold BTC, LTC, ETH, XRP etc. for a period of >1 year no matter how much you make selling. The same applies to profits w<1 year of less than €600.
Crypto is a chance for us to get away from a debt based monetary system, to one based on credit. Debt based money is like USD and most central bank fiat money we’re use to. In order for $1 to be issued, $1 worth of interest bearing debt must be issued with it.
Remember Bitcoin going down 80-90% from ATH is perfectly normal. $6K is only 70% down. We can goto $4K or $3K, but I doubt we stay there for long. We're most likely in a trading range ($5K-$8K??) for a year or more, in my opinion.
There are less than 4 million Bitcoins left to mine. What do you think the value of the last Bitcoin will be? Thousands of miners spending, in some cases, millions of dollars each to find it. Can the value be less than the effort? The value would have to be hundreds of millions.
This picture is very troubling, but the good news is: looks like the #Shitcoins are in bigger trouble than #Bitcoin. Notice how this last bounce from $5,750 to $8,400 is barely visible on Total Market Cap & non-existent on Total MCap (ex-btc) w/ support breaking.