/biz/ - Business & Finance

>>26039228
>>26038601
>>26037169

Do not get me wrong. Zcash is certainly impressive and is great. But that isn't the issue.

The issue is IF, regulation comes, which in this scenario I laid out, it WILL. Then that means, what TYPE of regulation is coming?

1. Capital gains tax increase just for crypto? Perhaps. A rolling capital gains tax on crypto? Certainly, with automatic reporting by all exchanges... very likely to happe.

2. KYC for all wallets interacting with exchanges? Guaranteed to happen according to Brian Armstrong, CEO of Coinbase.

https://twitter.com/brian_armstrong/status/1331744884856741888?lang=en

That means the tax angle is going to be played.

3. Regulation that prevents the buying and selling or limitation of crypto to people, according to Lagarde it may be a possibility but we'll scratch it off.

4. What's the most likely scenario? Look at Paypal and greyscale... they DO NOT WANT you to own Bitcoin or any asset. They want to give you cheap imitations that are BACKED by it. So they will confiscate and give you an IOU.

That requires hiding your actual wealth or value ON-CHAIN. Something they cannot get to. And they cannot regulate Ethereum because it's decentralized and has legitimate purposes. By destroying Etheruem, they'd destroy their own progress, projects, works and eventually the economy as smart contracts are linked to Ethereum. Therefore, something has to LIVE on Ethereum, not it's own chain and it has to be private to act as a locker for wealth. Hence why BUCC is tremendously undervalued.

The pieces are all there, the evidence is all there, you just have to piece it together and look at the timeline and the direction we're going. With Bidens' stimulus, we're about to print the USD to hell and back so BTC is going up and it is going to hit 100k, sooner than later.

We've done it. See for yourself.

https://medium.com/@Buccaneer/buccaneer-v2-privacy-on-ethereum-d753eea877d6

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