Just reading how much the UK government have reduced the tax free allowance on capital gains, from £12500 to £6000 to £3000 now.
That's a massive incentive to never sell.
Discussion
There’s even talk of bringing CGT in line with current income tax rates. Could mean some people would have to pay like 40% tax when they sell which is insane.
yes the goal is to keep people in the debt system, by pushing to borrow against btc
Spend it elsewhere.
Borrow if you need to spend in the uk.
This is their long term BTC accumulation strategy. All the people with paper bitcoins will hold in this case and once the fiat ponzi finally goes to zero the government will confiscate them.
Hodl to the stars... till i can afford to buy a boat.. 🤣
Or to not own any Bitcoin, officially.