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Thanks for explaining this. Coming from the US, seeing the headline I was thinking - welp either I miss understood what they meant or a ton of (rich) crypto inv

Thanks for explaining this. Coming from the US, seeing the headline I was thinking - welp either I miss understood what they meant or a ton of (rich) crypto investors are about to move to Portugal. This makes far more sense.

lawn 7y ago
That would be an interesting thought experiment. What if a country did say there's no tax on cryptocurrencies, would it be a net benefit for them or not? On the plus side a lot of (rich) crypto investors would presumably help the country because they would have a lot of money to spend. On the negative side they might lose out on valuable tax income.