pull down to refresh

reply
@DarthCoin we may have a few disagreements when it comes to paying taxes -- I can understand doing it begrudgingly in order to survive.
That said... you win the meme war 🤣
reply
😂😂
reply
the distinction is that it is not a legal tender designation so acceptance is not compulsory and it is not a "national currency" but is given favorable tax status to encourage local transactions and business jurisdictional registration which is basically what panama specializes in as a tax safe haven
reply
This route of state acceptance is probably better than a legal tender law. Acceptance is not required, but you can spend sats as though it was legal tender thanks to no capital gains.
reply
The bill seeks to provide regulatory clarity for the optional usage of cryptocurrencies as payment in Panama, Silva added. Moreover, the goal is to incentivize foreign companies to open offices in the Central American country as well as to foster local entrepreneurship in the cryptocurrency services business. The country's territorial tax system will also apply to Bitcoin, meaning there will be no capital gains tax on investments in the peer-to-peer currency.
reply
Is this another Crypto law being reframed as Bitcoin news?
reply
reply
Does this law not add to bitcoin's adoption?
If it does, then this is bitcoin-related news.
reply
Geezus is it crazy that South America is just screaming for me to move down lol....
reply
Game Theory accelerating 🌊
reply