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At the same time as the federal government deciding it can tax us on unrealised capital gains (money we don't have), a judge has ruled that Bitcoin (specifically) is in fact, money.
This is one hell of an opportunity to make some progress. All the right conversations at the same time.
www.smartcompany.com.au/tax/bitcoin-ruling-bitcoin-tax-ruling-capital-gains-tax
#Australia #Bitcoin #tax #Superannuation #cgt #money
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“Australia seeks to turn theoretical wealth into actual poverty by taxing imaginary money. I hope the world is paying attention.”
open.substack.com/pub/quoththeraven/p/australias-unrealized-gain-tax-plan
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Does anything explain inflation more clearly than lotto companies raising prices and prize-pools at the same time?
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In 1791, as France reeled from revolution, a group of visionaries sought to impose order on chaos—not through force, but measurement. They proposed the meter, defined as one ten-millionth of the distance from the equator to the North Pole along the Paris meridian. By 1799, this abstract ideal became#Bitcoin
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