SEC Charges 11 Individuals 4 Their Alleged Role In The Creation Of A "Fraudulent Crypto Pyramid & Ponzi Scheme"To Raise More Than $300 Million From"Millions Of Retail Investors Worldwide"By Founders & Promoters Of Forsage Platform
Charges Were Laid In Illinois US District Court.
Centralization Has Its Consequences & Data Economy Is A Dystopian Nightmare.
Tech Behemoths & Government Have Become The Natural Enemies Of Decentralization & Can't B Trusted With Centralization Of Control Over Everything.
Fight 4A Decentralized Future
#Web3#Blockchain#Crypto
🇭🇳 Bitcoin Has Become Legal Tender In Honduras,A Central American Country,Next To El Salvador.
In Addition To CryptoPayments Within Jurisdiction,New Law Will Allow Bitcoin Bonds To Be Issued.
However,Central Bank Said That They Cannot Vouch 4 CryptoCurrency Transactions
#Bitcoin
Indonesian Govt Sets Crypto Tax At 0.1%To B Levied Started In May
While In India 1%Is Only On TDS Apart From 30%Flat Tax,28%GST & Other Charges Bcoz Indian Govt Don't/Doesn't Wanna Understand BlockChain Technology,Web3,Metaverse,NFT & Labeled Crypto As Gambling.
#reducecryptotax
@NischalShetty Everyday U Heard Some +Ve News Regarding Crypto Adoption From All Around The World While In India -Ve News R More Than +Ve News Bcoz Government Don't/Doesn't Wanna Understand Web3,Blockchain,Crypto Etc.
They Labeled It As Gambling & Called It's 4 People Welfare.
#reducecryptotax
@NischalShetty Once Government Said Internet Is Harmful 4 Country & Now Many Tech Giant Companies Have Indian CEOs. Now Govt Said Crypto Is Gambling & They Don't/Doesn't Wanna Know Blockchain,Web3 But Few Yrs Later Govt Will Feel Proud When Indian CEOs Will Run Web3 Companies.
#reducecryptotax
Once Government Said Internet Is Harmful 4 Country & Now Many Tech Giant Companies Have Indian CEOs. Now Govt Says Crypto Is Gambling & They Don't/Doesn't Wanna Know Blockchain,Web3 But Few Yrs Later Govt Will Feel Proud When Indian CEOs Will Run Web3 Companies.
#reducecryptotax
Everyday U Heard Some +Ve News Regarding Crypto Adoption From All Around The World While In India -Ve News R More Than +Ve News Bcoz Orthodox Indian Lawmakers Don't Or Doesn't Wanna Understand Web3,Blockchain,Crypto Etc
They Labeled It As Gambling & Called It's 4 People Welfare.
A Local School In Dubai Announced That It Is Considering Accepting Bitcoin & Ether As Payments 4 Tuition,While In India War Is Going On 4 Crypto Regulations.
Why Can't Anyone In The World Could Give A Lecture To Indian Lawmakers Regarding Blockchain Technology & Cryptocurrencies.
@CryptoAalind Technological Developments & Social Changes Have Always Been The Driving Forces Of Human Evolution. If U Feel U Were Better Off In The Past Than Today,U Do Have A Choice Of Going Back 2 The Stone Age
Theoretically,Blockchain Technology & Crypto Was Meant 2 B Free From Government
@NischalShetty 30%Tax,28%GST,1%TDS & Other Charges,Kidney,Liver,Heart,Brain,Lungs.
Indian Govt Will Also Regulate Tax On Ur Soul,Breath U Take
While Developed Countries R Adopting Crypto,Indian Govt Harsh Regulations On Crypto Shows That India Likes Tag Of A Developing Country
#UnfairCryptoTax
@NischalShetty 30% Tax , 28% GST, 1% TDS & Other Charges,Kidney,Liver,Heart,Brain....
After That I Think I Will Not Be Able To Buy Even A Internet Connection For Trading.
Government Should Learned From Other Countries.
#reducecryptotax#UnfairCryptoTax
El Salvador Is Moving Forward With Its Crypto Strategy By Issuing $1 Billion Worth Of Bitcoin Bonds,Known As Volcano Bonds.
The Proceeds Of The Sale Will Go Toward Funding Bitcoin City,A Fully Functioning Metropolis That Will Harness Geothermal Energy To Mine The Digital Asset.
23 Year Old Australian Buys $314K Property Via Planned Crypto Investments While In India After Flat 30%TAX,TDS,GST I Think I Am Not Even Able To Buy A Net Connection.
Crypto Tax Slab Is Must Like In Stocks. In UK 10% & 20% Is For Basic & Higher Rate Taxpayers.
#reducecryptotax
Technological Developments & Social Changes Have Always Been The Driving Forces Of Human Evolution. If U Feel U Were Better Off In The Past Than Today,U Do Have A Choice Of Going Back To The Stone Age.
Sukant Ratnakar,Quantraz
#Blockchain#cryptocurrency#Metaverse#NFTs#web3