Italy reminds us why Bitcoin is so important, harsh new rules could be coming to an exchange near you, and US users are hit again with regulatory fears, and why this excites me!
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Sources
Italy – https://www.reuters.com/article/us-italy-politics-budget/italy-proposes-tax-on-savings-hidden-in-safety-deposit-boxes-idUSKCN1TD0G5
Travel Rule – https://cointelegraph.com/news/fatf-to-release-new-rules-for-global-crypto-sector-impacting-exchanges-funds-custodians
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Italy is a bankrupt country. No wonder they are trying to steal your money from safety deposit boxes.
Its just going to come down to using crypto like MONEY! Nvr using the dollar again.
Facebook can keep their coin as it will NOT be decentralized and controlled by them, they will be closing peoples accounts like they do on Facebook if they disagree with their conservative views.. Bottom line, Facebook cannot be trusted and will be a threat to Bitcoin
Coinomi is the best mobile wallet you can have and easy to use!
Monero could be worth more than bitcoin someday!
I put my coins on a paper wallet!
If the government see you processing an abnormal amount of $999 they classify it as structuring and can seize the funds. They use the same policies on western union transfers for money laundering or drug transactions
Keep saying that. In reality they are dealing a death blow to crypto currencies by stopping their growth. Just wait, this will be devastating to Alt's and will threaten this bull run. Fuck the government!
Please put some Easter eggs in the background of the videos like you did before with pepe.
Woo, you're videos and commentary are great!
Nebldex. Decentralized exchange
Screw the FATF and all other non-elected "governing" bodies https://www.fatf-gafi.org/about/whatwedo/
With respect to Ledger and or Trezor Hardware Wallets… any risk of the Company themselves being targeted for Non-Compliance issue(s) at some point, being shut down and rendering a persons Wallet useless? How do you move Coins / Tokens via even peer-to-peer without logging or syncing into "Ledger Live"? This is starting to concern me to the point where I may return to a paper wallet.
Isn't Italy the country that gave us the mafia and fascism?
Love your video man! Again!! It's crazy that Italy just steals your possessions, in Holland you also have this weird thing called 'vermogens belasting' it's paying extra tax when possessing a certain amount of money!!!
Can you answer Lark? Are we really supposed to hold on to xrp or anything else besides Btc,Eth or Ltc
many in the early days of exchanges just used psuedonyms for convenience…When a exchange goes KYC…they must give those honest traders exit time or allow them to change name of account.
leave julian..MI5 and 6 need him to intercept the whisleblowers.
$1,000 would mean they are making crypto rules 10x as restrictive as fiat rules, at least for the US. I don't think that's by accident.
Crypto anon link please? I'm hooked!
Even with a VPN you still have kyc. Google f2 can use proton mail I think. Can we really only need VPN and proton mail to get on any DeX? Trust wallet, does it really work with binance dex
This is a nightmare for U. S. residents
Free yourself and your family, buy bitcoin, time is ticking, running fast
I think you for sure win the 100k race. But Bitcoin will right behind you… ???
how will harsh kyc policies affect the price of btc et al?
Don't back peddle and say 'just my 2 satoshis' !! You're absolutely right Lark. I've educated 4-5 people on bitcoin and EOS (EOS because of the cool stuff coming),…..I need to do my part even more and enlighten even more people. Sad thing is–many people are too complacent. They don't want to listen or learn. Errrrrrrrrr
I like the Assange poster in the background, nice one.
I'm Italian and I can say you were not accurate. They proposed that in case you have cash in your safe and you'd like to turn it into "regular" deposit, assuming that such cash is not itself regular, then you can declare it and pay just 15% tax on it. They are not going to open any single safe and steal your money. Why don't you make proper research?
As the Peter Shiff's and Warren Buffit's are put out to pasture and the new guard comes in, you are going to see a massive influx into cyrpto's. By then the dollar will have crashed and the Fed will be bankrupt. Then the Fed will ask the crypto world for a bailout. You watch!
These are other people doing this , these Bastards parents should of spit in there face as a kid it’s all to stop poor people from growing people that set up laws to kill progress are curses to them self
Love it. You’ve got a witty delivery. Subscribed. May your channel moon with btc
Thx for the info Lark
Hey bro, if you're into larks, then why is your profile picture a duck? I thought you liked larks and other small birds. 🙁
Italians do not pay taxes. They wanted to be part of the Euro but the gov. can`t comply with the the rules of the Euro pact like this. Which for obvious reasons is a problem for the other EU members. Italy will be fined by the EU for not complying with the rules and so now, the Italian gov. is forced to do a sudden shake down on its citizens.
No! I prefer my "paper wallet" on steel ! 😉
Thanks for mentioning EY's Nightfall built on Ethereum–it absolutely sets a standard!
Meanwhile, here's how governments control bitcoin: https://youtu.be/o49y0XZ1oCw
Mate the crypto space is awash with positive news and developments this week and you are pretty much the only one with negative stories.
stocks in fancy shirts just dipped by 20% ?
This guy sold his soul to the devil…. I swear your videos are paid by the corrupt individuals of crypto these days….. there are no longer authentic like they used to be…..
Great video Mr Lark. Hallam in always sunny Barbados
Is that painting an all seeing eye in a pyramid, or just some demonic new age nonsense, Lark?
BSV will bankrupt you, Lark.