In the US and EU, fyi bro, there are proposals to implement Unrealised Capital Gains Tax on Cryptocurrency holders. This means they want to tax our Unrealised BTC gains, even though we do not sell our BTC. What are your feelings on this?
Discussion
I've heard about that for Europe. I feel a bit safer from that noise here in the U.S.
Kamala wanted something like that for high income earners, but with her gone and the Democrat party imploding, I'm doubtful any such proposal can pass in the near future.
I hate the idea. I'm of the opinion that involuntary taxation is theft, realized or unrealized.