🇰🇿 Kazakhstan is building its own Bitcoin and crypto reser | IK_DURRANI1 on Binance Square

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🇰🇿 Kazakhstan is building its own Bitcoin and crypto reserve. The head of the National Bank just confirmed it.
While the world reshuffles, they’re making sure to grab a seat at the digital economy table.#Kazakhstan #ownbitcoin $BTC 

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🏦 Central banks typically target an inflation rate of 2%. But what’s so special about 2%? Partly, they target a small positive rate to avoid deflation – which can cause the economy to grind to a halt. And 2% is low enough that things shouldn’t get too expensive, too fast. Unfortunately, central banks have a terrible record of hitting this target! Your money loses value every year, and often much faster than 2%. #Inflation

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💸 Max Keiser, Bitcoin advisor to El Salvador’s president, has issued a stark reminder: Everything NOT Bitcoin; all fiat, shitcoins, stablecoins, can be erased like this. His reaction came after hackers reportedly breached Sepah Bank, Iran’s largest bank, wiping its data and shutting down ATM operations. It’s a harsh but important reality: when you keep your money in a bank, it’s no longer truly yours.#Bitcoin❗ $BTC

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🇹🇭 Thailand is scrapping taxes on crypto profits for the next five years. This isn’t just a financial move. It’s a bold signal that the country is open to the future of digital finance. Decisions like this attract crypto investors worldwide. It’s not pressure but freedom that pushes the industry forward#cryptotaxes $BTC

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🇰🇪 Kenya has proposed a 1.5% tax on every crypto transaction. That’s not capital gains or income tax – it’s a tax on regular payments. This is a terrible idea that will push crypto innovation out of the country. When Indonesia implemented just a 0.1% tax in 2022, users flooded to offshore and P2P platforms. Are you based in Kenya? What do you think of this proposed law #crypto #Taxes

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💸Buffett’s stance on Bitcoin has always been negative – at least publicly. Eleven years ago, when BTC was just $600, he claimed it “doesn’t qualify as a currency”. Since then, it’s surged over 17,400%. Yet despite his continued criticism, Buffett indirectly profits from crypto through a number of his investments. It looks like it’s nothing personal after all. As they say, money doesn’t smell.$BTC #BTC #WarrenBuffett

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