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Reform UK want to get on the Bitcoin bandwagon.

Mr Yusuf might not see any reason why Bitcoin can’t end up being a meaningful chunk of Britain’s wealth, but I can.

Their announced bill is merely to formalise capital gains at 10% and accept tax receipts paid in crypto. That’s not going to get them much corn..

So then they’re in the nation state race and not accumulating much. Oh no.

They’re falling behind! Shit! Their Sats per Capita is really low! They have revenue targets to meet! They promised to be world leaders in the space!

Guess they’d better start knocking on doors of all these people who bought KYCed corn and start ensuring they’re not dodging those taxes which they can’t enforce via normal mechanisms..

Once this kicks off in earnest, things are going to get squirly for Bitcoiners. These people have not yet truly understood what a fixed supply means, they’ll find out the hard way, and then so will everyone else.

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Myrtie Hilpert 7mo ago

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