Italy's Deputy Finance Minister Maurizio Leo announcing their plan to increase capital gains on Bitcoin from 26% to 42% because "the phenomenon is spreading."

https://m.primal.net/LXed.mov

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criminal behavior!

They're incentivizing their people to hodl, which will add to bitcoins price appreciation, which will make the "phenomenon" spread faster.

Bitcoin is a Chinese finger trap.

Idiots. Only hurting their own coffers. Great for Hodling though.

In 10 years they will reach 350% tax on capital gains.