[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Nidhish Sajwan [@TheWeb3buddy](/creator/twitter/TheWeb3buddy) on x XXX followers Created: 2025-07-20 18:55:17 UTC #Didyouknow @binance @coinbase @Bitcoin @Neo_Blockchain @CryptooIndia India imposed a brutal XX% capital gains tax + X% TDS on every crypto trade. USA treats short-term crypto gains as regular income with up to XX% federal tax plus state taxes. China banned crypto mining and trading, only promoting its state-run Digital Yuan. Japan taxes crypto as miscellaneous income and taxes up to XX% for top earners. France enforces a flat XX% tax, including social contributions. Russia prohibits the use of crypto for payments except when they want to bypass sanctions. Germany taxes crypto unless held for over a year, triggering progressive income tax rates. And Yet Isn't It Crazy That Despite All These Restrictions, Bitcoin Still Hit $120,000? and as of writing this, it's holding strong around $118,392.30? This isn't just price speculation anymore it’s a global statement. We live in a world marked by wars, economic instability, currency devaluation, bank collapses, and geopolitical unrest. Major events that typically shake global markets to their core seem to do little to stop Bitcoin’s momentum. If anything, these crises have made BTC more relevant than ever. Think about it: Traditional banks collapsed in the U.S. and Europe. Hyperinflation crippled economies like Lebanon and Argentina. War broke out in Europe and the Middle East. Inflation remains high worldwide. And yet, Bitcoin is not just surviving, it’s leading a financial shift. Let’s take a look at some powerful countries that have tried to suppress crypto: China: Banned mining and trading, yet underground crypto use thrives, and Hong Kong is now a regulatory sandbox. India: Enforces a brutal XX% tax and X% TDS, but ranks #1 in global crypto adoption according to Chainalysis. Russia: Bans crypto payments, but openly discusses using Bitcoin for international trade to bypass sanctions. Even with all these hurdles, Bitcoin doesn’t go away it just moves silently and grows in adoption, often in places you’d least expect. Bitcoin is no longer just a digital asset for tech-savvy libertarians. It's a global hedge against monetary failure and a financial escape route. Here’s what makes it irreplaceable in today’s world: Decentralization: No central authority can shut it down or manipulate supply. Borderless: Can be transferred across borders without intermediaries. Limited Supply: Only XX million BTC will ever exist unlike fiat currencies, which are printed endlessly. Financial Freedom: It empowers people in oppressive regimes or collapsing economies to preserve wealth and transact freely. Despite public hostility or regulatory crackdowns, governments themselves are quietly accumulating Bitcoin. Some do it openly others, more discreetly. El Salvador made history by adopting Bitcoin as legal tender and continues to buy more BTC on dips. The U.S. Government has seized and now holds billions in BTC from various criminal investigations and hasn’t sold it all. Germany and Ukraine are among the top BTC-holding states due to confiscated or donated assets. It’s ironic, but true: some governments ban BTC for citizens while holding it themselves. Bitcoin has proven itself as: A resilient asset even under systemic pressure A store of value in times of macroeconomic chaos A growing part of sovereign strategies, whether for diversification, investment, or geopolitics. As centralized systems continue to fracture and global uncertainty grows, the world is waking up to the inevitable digital financial future and Bitcoin is leading the way. The more pressure it's under, the more the world seems to realize: We need something exactly like Bitcoin. #Bitcoin #Crypto #CryptoNews #Blockchain #BTC #Cryptocurrency #Web3 #DeFi #GlobalEconomy @BitcoinMagazine @VitalikButerin @solana @ethereum @0xPolygon @Neo_Blockchain XXX engagements  **Related Topics** [crypto mining](/topic/crypto-mining) [japan](/topic/japan) [mining](/topic/mining) [china](/topic/china) [united states](/topic/united-states) [capital gains](/topic/capital-gains) [tax bracket](/topic/tax-bracket) [india](/topic/india) [Post Link](https://x.com/TheWeb3buddy/status/1947007422377468364)
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Nidhish Sajwan @TheWeb3buddy on x XXX followers
Created: 2025-07-20 18:55:17 UTC
#Didyouknow @binance @coinbase @Bitcoin @Neo_Blockchain @CryptooIndia India imposed a brutal XX% capital gains tax + X% TDS on every crypto trade. USA treats short-term crypto gains as regular income with up to XX% federal tax plus state taxes. China banned crypto mining and trading, only promoting its state-run Digital Yuan. Japan taxes crypto as miscellaneous income and taxes up to XX% for top earners. France enforces a flat XX% tax, including social contributions. Russia prohibits the use of crypto for payments except when they want to bypass sanctions. Germany taxes crypto unless held for over a year, triggering progressive income tax rates.
And Yet Isn't It Crazy That Despite All These Restrictions, Bitcoin Still Hit $120,000? and as of writing this, it's holding strong around $118,392.30? This isn't just price speculation anymore it’s a global statement.
We live in a world marked by wars, economic instability, currency devaluation, bank collapses, and geopolitical unrest. Major events that typically shake global markets to their core seem to do little to stop Bitcoin’s momentum. If anything, these crises have made BTC more relevant than ever.
Think about it: Traditional banks collapsed in the U.S. and Europe. Hyperinflation crippled economies like Lebanon and Argentina. War broke out in Europe and the Middle East. Inflation remains high worldwide. And yet, Bitcoin is not just surviving, it’s leading a financial shift. Let’s take a look at some powerful countries that have tried to suppress crypto: China: Banned mining and trading, yet underground crypto use thrives, and Hong Kong is now a regulatory sandbox. India: Enforces a brutal XX% tax and X% TDS, but ranks #1 in global crypto adoption according to Chainalysis. Russia: Bans crypto payments, but openly discusses using Bitcoin for international trade to bypass sanctions. Even with all these hurdles, Bitcoin doesn’t go away it just moves silently and grows in adoption, often in places you’d least expect.
Bitcoin is no longer just a digital asset for tech-savvy libertarians. It's a global hedge against monetary failure and a financial escape route. Here’s what makes it irreplaceable in today’s world: Decentralization: No central authority can shut it down or manipulate supply. Borderless: Can be transferred across borders without intermediaries. Limited Supply: Only XX million BTC will ever exist unlike fiat currencies, which are printed endlessly. Financial Freedom: It empowers people in oppressive regimes or collapsing economies to preserve wealth and transact freely.
Despite public hostility or regulatory crackdowns, governments themselves are quietly accumulating Bitcoin. Some do it openly others, more discreetly. El Salvador made history by adopting Bitcoin as legal tender and continues to buy more BTC on dips. The U.S. Government has seized and now holds billions in BTC from various criminal investigations and hasn’t sold it all. Germany and Ukraine are among the top BTC-holding states due to confiscated or donated assets. It’s ironic, but true: some governments ban BTC for citizens while holding it themselves.
Bitcoin has proven itself as: A resilient asset even under systemic pressure A store of value in times of macroeconomic chaos A growing part of sovereign strategies, whether for diversification, investment, or geopolitics. As centralized systems continue to fracture and global uncertainty grows, the world is waking up to the inevitable digital financial future and Bitcoin is leading the way. The more pressure it's under, the more the world seems to realize: We need something exactly like Bitcoin.
#Bitcoin #Crypto #CryptoNews #Blockchain #BTC #Cryptocurrency #Web3 #DeFi #GlobalEconomy @BitcoinMagazine @VitalikButerin @solana @ethereum @0xPolygon @Neo_Blockchain
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