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RE: VYB_POBSTREET 9-1-2022 #38: Is this the beginning of crypto final breakthrough

in #vyb • 3 years ago

So is there difference between accepting as a legal tender and legalising it receiving 30% tax?

3 years ago in #vyb by
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     3 years ago  

    Legal Tender means Cryptocurrency can be used as mode of payment and transactions as do regular currency in market. But right now Indian government only allowed Cryptocurrencies as an investment asset just like stocks where gains will be taxed flat 30%. !PIZZA

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     3 years ago  

    A legal tender is making it an official currency for their country why legalizing it is not stopping from spending it.

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     3 years ago  

    Just like how china is not spending Brazil currency but it is not something in the guy if you spend Brazil currency in China but Brazil currency is not the official currency