4 ms·
If you live in a high inflation country you still have to pay taxes in that country's currency. In many of these countries the exchange rate is pinned far away
by jonreem 9y ago
If you live in a high inflation country you still have to pay taxes in that country's currency. In many of these countries the exchange rate is pinned far away from its real value and it would be difficult to sell a large quantity of cryptocurrency without missing out and theoretically you could also be subject to punitive taxation.