Is BTC still decentralized?
In the Netherlands we can only buy BTC - from organizations that are recognized by the government. - you need to connect your bank account to the buying platform - you have submit your number of BTC and profits to the Dutch tax agency. And pay taxes on my crypto. I wonder: is it still decentralized and the free currency we want it to be. But it almost feels like a FIAT controlled value only with another name. Ofcourse there are many other strengths to BTC but I was wondering if it is the same in your country? And what your thoughts are about how the government and tax agency controls (and knows everything l) about a person’s crypto investments and how they earn on that. submitted by /u/Far_Significance1669 [link] [comments]
In the Netherlands we can only buy BTC - from organizations that are recognized by the government. - you need to connect your bank account to the buying platform - you have submit your number of BTC and profits to the Dutch tax agency. And pay taxes on my crypto.
I wonder: is it still decentralized and the free currency we want it to be. But it almost feels like a FIAT controlled value only with another name. Ofcourse there are many other strengths to BTC but I was wondering if it is the same in your country? And what your thoughts are about how the government and tax agency controls (and knows everything l) about a person’s crypto investments and how they earn on that.
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