DEVELOPING: 🇫🇷 France just declared war on savers.

A new bill would hit “unproductive wealth” including Bitcoin, art, homes, jewelry with a 1% annual tax, even if you don’t sell.

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Fuckers.

I got five sats on "French protestors took to the streets" headlines incoming.

Something like a negative interest rate, instead of paying you, savers have to pay... 🤣

Oh no. Don't show it to president Lula 🇧🇷

Looks a lot like theft to me

It is theft indeed

Now it’s not only to move your assets, now they need to tax you for holding the assets. No matter what, they want their portion

If only there was an asset that they couldn’t take from you!!!!!?

but they can take your fiat if you don't carefully obfuscate your BTC so that it cannot be linked to you

XMR totally wins this round

I don’t have any fiat for them to take….

How do you manage your monthly income them? All the payments you receive are in BTC?

Socialism is the worst.

It breeds entitled and lazy individuals.