Did you know that when Bitcoin was created, it was meant to be free and independent from governments?
Crypto was supposed to be an autonomous system, separate from traditional finance.
Did that happen? Letโs take a look at my country - Poland.๐ต๐ฑ๐ต๐ฑ๐ต๐ฑ
Today, on every crypto-related Polish website, the most common question is:
"How do I pay tax on my crypto?"
"How do I report crypto purchases to the tax office?"๐ช๐ธ๐ต
We all bought crypto with money earned from work.
That money was already taxed.
And yet โ if you lose everything on some meme coin, does the government care?
No. They donโt give a damn. ๐ต๐ฑ๐ค๐ฉ
But if you make a gain? Theyโre right there with their hand in your pocket.
They want 19% of your profits โ even though you already paid taxes on the money you used to invest.๐โโ๏ธ๐ค๐ค
And it gets worse.
To prove you bought something like $SOL for $10k, you need full documentation.
A simple bank transfer to Binance? Not enough.
Especially if your deposit went through a now-defunct intermediary like Signature Bank.
Even Binanceโs trading history exported to Excel? Not valid evidence in the eyes of Polish tax authorities.๐ค๐ค๐ช
So imagine this:
You bought $SOL for $10k of your already-taxed income.
You sell it for $10k.
No gain. No loss.
In theory, no tax.
In practice? Theyโll try to tax the whole $10k unless you prove every detail โ or else.๐ค๐ช๐ค
They can reject your bank transfer title, the recipient's account number, or anything they feel like.
Because they can.๐ช๐ค๐ช๐ค
Thereโs an old Polish saying:
"The greedy lose twice, but the honest lose until their grave โ which theyโll also be taxed for."๐ค๐ซฃ๐ค
