RATE Group | Bitcoin’s Chance at the $20 Trillion Offshore Tax Haven Market
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Bitcoin’s Chance at the $20 Trillion Offshore Tax Haven Market

03 Jun Bitcoin’s Chance at the $20 Trillion Offshore Tax Haven Market

Posted at 09:49h in Bitcoin News by

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Taxes

In polite pockets of society, acceptable and positive crypto talk revolves around its amazing tech and what the future might hold. At least one bitcoiner has tossed aside such niceties, and examined the world’s most popular cryptocurrency as a potential offshore tax avoidance haven. Depending on the study, as much as $20 trillion is hidden away from government tax farmers. However, loopholes are closing as lawmakers discover them, perhaps creating just the use case bitcoin needs to thrive in the near future.

Also read: DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision

Can Bitcoin Get a Slice of the $20 Trillion Tax Avoidance Market?

Treasure Islands author Nicholas Shaxson explained what he imagines to be a…

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