I want to give a simple example of how we are being fleeced by goverment.

In my jurisdiction they introduced a new tax.

As soon as one converts #Bitcoin into fiat you need to pay 30 % tax.

Don't ask my what the reasoning is, or why they can introduce such changes without a proper transition phase, because I will give my clear opinion on that.

But one only realizes what the real impact is if you want to buy something:

Let's say you want to buy something of €700.

To be able to pay for it you need to transfer #Bitcoin worth of €1000 to have that €700 available.

€1000 - 30 % tax is €700

So the item I want to buy didn't increase 30% it went from costing €700 to €1000, that is an increase of more than 40%....(42.8% to be precise)

700 + 40% is only 980...

Not to mention that buy has also 21% VAT included in it.

That is another €147 government takes...

Government are masters in taxing everything and every step.

They bring it in a way that makes it seem ok, but mostly are trying to hide it and spread it over everything.

If you actually would get your gross salary in your account and right after that goverment would take away your total tax burden at once, there would be riots on the streets.

Starve the beast !