CRYPTO TAX BOMBSHELL: Why 97% of Traders Are About to Get DESTROYED
The party’s over. While you’ve been celebrating your crypto gains, governments worldwide have been quietly building the ultimate surveillance machine—and it goes live January 1st, 2026. Florian Wimmer, EY Entrepreneur of the Year and Blockpit CEO, states a fact many people dislike hearing: Fewer than three percent of crypto traders pay income taxes. A critical point emerges, though—every exchange, Binance included, even those obscure offshore platforms people consider “anonymous,” soon must report all transaction records straight to tax collectors. The CARF/DAC 8 framework approaches. Your crypto wallet, once considered private, loses that status. People trading on Seychelles exchanges assume they stay secure. Consider this again. More than 70 nations—among them those regions considered tax havens that people thought provided protection—already agreed to report information about you. The Seychelles holds eighty percent of crypto exchanges across the globe, and these locations prepare to become the primary informants. Florian presents a debatable perspective: Blockchain takes the place of standard financial systems, artificial intelligence combines with crypto verification, and Europe’s administrative complexity stifles new ideas. He remains in Austria despite the high income taxes and severe regulations—a decision others may want to reconsider. The warning: Organize your crypto taxes immediately, or wait for communication from the authorities. You decide. Understand this—the government always takes its portion. Does crypto truly represent a borderless area for new ideas or simply another means for government oversight? Will blockchain verification shield us from deepfakes made by artificial intelligence—or lead to excessive government control? Do ninety-seven percent of crypto traders deserve the label “tax evaders”?
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