This is like taxation on steroids, it'll drive away rich and capable wo/men and achieve the exact opposite.
I can think of so many ways in how this law can be misused and abused by people in power.
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It seems outrageous at first, but it's really just the next logical step towards totalitarianism after KYC/AML and before CBDCs.
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Bring Cash continues steadily moving towards British Communism. NDP is determined to strip every last freedom and turn us into a Communist shithole. Time to leave.
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I guess Canada is ok with total tyrannical control as long as it makes it easier to catch criminals. I mean why not lock everyone in cages? No crimes can be committed then.
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I'm curious what "first world" countries will embrace Bitcoin in it's tax code if any. Would love to know ahead of time so I can move there rn :)
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Critics object to the unexplained wealth orders on the grounds they undermine the presumption of innocence, placing an onus of proof on the target of the seizure order.
Critics? You mean people who aren't psychopaths?
Putting a camera in every bedroom would also reduce crime. Civilized societies don't do that because presumption of innocence exists and government powers have to be kept in check.
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это тоже не сработает. ещё есть варианты?
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