What do they think will happen with this capital in a region that allows free movement of currency and banking access to a single currency?
Discussion
It’s absurd/stupid! This will only push more people toward P2P transactions. Long live decentralized finance!
Italy charges a property tax on all investments. The rate on BTC is 20 bps. Just found out from an Italian
Sounds like it will increase Hodling for Italian citizens. They are better off borrowing against it than selling it.