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RE: Stocks And Bonds Are At A Major Crossroad, Something Has To Give. By Gregory Mannarino
Have you seen the latest run in Japan where the government cut taxes on BTC and declared it as a currency; almost immediately hundreds of stores , airlines, etc. are accepting BTC, and the rush of the Japanese citizens was astonishing! The same will happen, maybe not as fast in Australia where the gov has also cut taxes on BTC. I'm absoluteley convinced - not because I'm a trader, I'm not - but because that disruptive nature within crypros, their ability to change social life in its core is what makes BTC"here to stay"!
IBM, Apple - you're right... - you will see. I bought Apple shortly after Microsoft safed them... - and I have the same feeling today! Good luck!
Why would any government cut taxes on anything? Sounds fishy!
I guess you mean the ulterior motive! The government does nothing ever for free motive. I agree to that. But in Japan's case, I think, it's because of the Greenback and his close ties to the price of the Yen; with cutting taxes on BTC and the side effect that many citizens are selling Yen for BTC the US $ has less influence on their economy; since WW2 Japan is nothing but a vassal state to America!