Diogo Cunha

INTJ. Remote. Techie ⏎ Business. Crypto. Design. Travel. Sailing ⏎ Advisory software architect @Skycatch ⏎ Former consultant @NewYorker, @Wired, @Vogue

[Diogo Cunha @diffcunha]

Kaspersky antivirus warned me about a `hoax.js.extmsg.a` virus in some of my JavaScript projects that use the `ex5-ext` npm module. Turns out it's not a virus but rather something beautiful. I should have dumped Kaspersky (a Russian company) long time ago. Will do it now.

[Diogo Cunha @diffcunha]

@paulofonseca Wait until you add Índia to the mix..

[Diogo Cunha @diffcunha]

@dessie_martin Last pump of the season 🧘‍♂️

[Diogo Cunha @diffcunha]

@paulofonseca There are alternative monetary systems with no inflation nor even interest. Inflation (price instability) exists mostly because fiat money is scarce and backed by debt. Look for mutual credit. I know an interesting project building that on a blockchain https://t.co/ASXoSYCwrJ

[Diogo Cunha @diffcunha]

@paulofonseca yep

[Diogo Cunha @diffcunha]

Kaspersky antivirus warned me about a `hoax.js.extmsg.a` virus in some of my JavaScript projects that use the `ex5-ext` npm module. Turns out it's not a virus but rather something beautiful. I should have dumped Kaspersky (a Russian company) long time ago. Will do it now.

[Diogo Cunha @diffcunha]

Happy Thanksgiving!

[Diogo Cunha @diffcunha]

Damn..

[Visegrád 24 @visegrad24]

BREAKING:

2 Russian stray missiles have just hit a farm in Przewodów on the Polish side of the Polish-Ukrainian border, killing 2 Poles.

Polish PM Morawiecki & President Duda have summoned a crisis meeting of the National Security Bureau.

NATO article 5?

[Diogo Cunha @diffcunha]

@WatcherGuru @elonmusk plz buy FTX

[Diogo Cunha @diffcunha]

@mari__0x Disclaimer: This is not fiscal advice!😅 But if you need I can point you to some experts that I know

[Diogo Cunha @diffcunha]

Portugal just approved a tax on crypto. This includes staking and mining income and capital gains.

[Diogo Cunha @diffcunha]

@MRMorVinho Estou à tua espera

[Diogo Cunha @diffcunha]

@mari__0x That's a good question. My guess would be that it will be tax free if you sell assets that were bought more than a year ago. Like if in 2023 you sell stuff you bought in 2021, for instance.

[Diogo Cunha @diffcunha]

@FenrirCosmos Probably they won't but it's still your legal obligation to report it accurately on your tax forms. Technically it would be possible to get it by looking at your wallet transactions, who knows🤷‍♂️

[Diogo Cunha @diffcunha]

@MrBoggDann Yes, for now. I'm pretty sure this is just a step towards full taxation. No other asset has a long term hold tax benefit in Portugal, with the exception of PPR/Pension fund contributions.

[Diogo Cunha @diffcunha]

@mari__0x Not that I’m aware of. That would be totally outrageous 😅

[Diogo Cunha @diffcunha]

@CryptoGrills Absolutely. Good news is: you can keep HODLing tax free😂

[Diogo Cunha @diffcunha]

@CryptoGrills That is great indeed! But IMO it’s a matter of time until it’s fully taxed. I’ve been around long enough to see how tax laws are changed here

[Diogo Cunha @diffcunha]

@CryptoGrills Staking rewards will qualify and be taxed as B category income (independent professional income). I didn't see that about 0% for holding longer than 1 year but that would be great for sure.

[Diogo Cunha @diffcunha]

@CryptoGrills Also, many countries reduce tax drastically when it qualifies as investment rather than speculation. That does not happen in Portugal, holding for 1 day or 20 years is taxed the same way.

[Diogo Cunha @diffcunha]

@CryptoGrills 28% is for capital gains, presumably. Income from mining or staking for sure can go up to 50%. Same can happen to capital gains if it becomes mandatory to tax them progressively, together with other income (right now capital gains can be taxed autonomously at 28%)