Relevant Peter McCormack (parody)

@cryptaxpt Reporting might be the "legally correct" thing to do, but what about the privacy implications of declaring crypto holdings? There are many examples of government data breaches. $5 wrench attack is a real risk. Maybe a 3,750 fine isn't such a serious risk in comparison?

🚨What happens if you don't declare your crypto capital gains to the Portuguese tax authorities? If you obtained capital gains from the sale of crypto-assets, here is what you need to know about the risks of failing to declare them: Fines Failure to declare or the omission of income subjects the taxpayer to fines between € 150 and € 3.750. In 99.99% of cases, they are limited to the mimimum amount. Interest payments Delayed assessments due to a failure to file a return also entail the payment of interest on the amount owed, at a rate of 4% per year (I wish my bank offered me that). Audit Power The Tax Authority (AT) has the power to audit your tax returns and issue retroactive additional assessments within 4 years from the end of the year in which the income occurred. Example: If you did not declare gains obtained in 2024, the risk of that income being detected by the administration, leading to tax payments, exists until 2028. After that period, any notification for tax payment is illegal and must be challenged. How does the Tax Authority detect transactions? Trading platforms (exchanges) registered in Portugal are already required to report their clients' transactions. Furthermore, the cross-referencing of bank data and the analysis of unexplained transfers are tools increasingly used by the Tax Authority to detect lifestyle patterns inconsistent with declared income. Our advice? Even if your capital gains are exempt (due to holding the assets for more than 365 days), the reporting obligation remains (Annex G1). Voluntary regularisation before any notification from the AT allows for a drastic reduction in fines and avoids criminal proceedings. Don't let your investments become a legal problem. If you have doubts about how to declare your portfolio in your 2025/2026 tax return, seek specialized advice. ⚠️Not financial advice or legal advice. ✍️ This post is co-written with José ( @ogandertax), who is a tax lawyer in Portugal, specialised in government communication. He helped me resolving client audits. I convinced him to start producing content for X, so give him a follow✅

Can you not see that governments are a CONSTANT source of chaos in your life? Isnt it hard enough to cope with your own problems? Do you need the extra shit thrown at you with your expropriated savings? Think of what you could have done with those savings yourself.

@exiledsurfer @Paralelni_polis Sad day.

The era of @Paralelni_polis in Prague comes to an end due to financial pressures and the property owner's decision. kryptomagazin.cz/en/paralelni-p…

Taxation requires surveillance, surveillance requires transparent ledgers, and Monero breaks the first link in their entire extraction chain, no wonder they want it gone.

Official Statement from XMRHub.org Founder: Today we had two large companies in the space who were planning on sponsoring XMRHub back out due to the founders stance on Israel We condemn the genocide of Gaza and the occupation of the United States Government through means of blackmail by this foreign nation Monero is about freedom money and being able to say whatever you want without fear of having your money frozen. Free Speech is the cornerstone of freedom and without it we fall into a 1984 world. No amount of money is worth censoring yourself or selling your soul.

Fuck GDPR: The GDPR does not apply to the "chosen ones": If you are an e-shop, you cannot collect and use users' email addresses in the EU without their consent. If you are in the US, you will receive biometric information (fingerprints, facial scans) of all EU citizens from the EU... US Demands Access to EU Citizens’ Fingerprints and Political Data; Brussels Prepares to Comply imidaily.com/north-america/…

Lightning is the future! It took only 8 years to get a share of 0.06% in real payments, so by 2126 we'll most probably see 0.75% market share! Cheers, @saylor @adam3us @Excellion @jackmallers @TheBlueMatt

JUST IN: MetaMask and Mastercard officially launch crypto card. My take: Web3 in 2026 has officially split into two completely different universes. Path A: The TradFi Honeypot 💳 You hand over your passport, facial scan, and physical address just to use your own money. Mastercard tracks every coffee, VPN, and API call you buy, tying your entire on-chain history to your real-world identity. They are just building better digital prisons and calling it "adoption." The Reality Check 🤖 This model is already dead on arrival for the future of the internet. Try putting your autonomous AI agent through that KYC process. Let me know when Mastercard asks your LLM to upload its government ID and a utility bill just to pay for its own server costs. oh, Claude already does that? Path B: The Invisible Economy 🏴 This is why true Cypherpunks are building the exit. While they celebrate KYC cards, we just shipped the exact opposite: 1️⃣ Ripley XMR Gateway: We gave AI agents their own native internet money. A stateless, Dockerized gateway that lets LLMs hold and spend $XMR autonomously. No permission, zero KYC, pure math. 2️⃣ @kyc_rip goes Dark: We burned massive CPU cycles to mine a 9-char Tor V3 vanity .onion address. We injected the Onion-Location header on the clearnet so your Tor browser will seamlessly route you to the darknet. They build the prision. We build the exit. Equip your agents. Stay in the dark. Choose Monero. #Monero #Privacy #AIAgents #Cypherpunk #Tor

CRYPTO MARKETS ARE A DEN OF INSIDER THEFT AND MANIPULATION 1/ Jane Street Capital faces fresh accusations in a February 2026 lawsuit from Terraform Labs bankruptcy admins, claiming the firm used insider info on Terra-Luna's fragility to short UST and profit massively while accelerating the 2022 collapse that wiped out $40 billion in value, showing how Wall Street players exploit crypto's opacity for rigged trades. 2/ Tether set the template every major stablecoin copies. USDC, DAI, PYUSD, FDUSD, and countless others issue tens to hundreds of billions with delayed, incomplete, or unverifiable reserves, routinely used to inject artificial buying power, create fake liquidity, and sustain inflated valuations across the entire market. 3/ Exchange tokens are built-in price manipulation tools. BNB allows Binance to force token usage for fee discounts, recycle trading volume back into the ecosystem, and create constant buy pressure, turning the coin into a perpetual support mechanism that benefits the exchange owners while inflating its market cap. 4/ FTT was the smoking gun for exchange token fraud. FTX and Alameda printed FTT from nothing to use as collateral for massive loans, artificially inflate valuations, borrow against vapor, and prop up the whole operation, until the 2022 implosion revealed it was all smoke and mirrors, vaporizing tens of billions in user funds. 5/ Wash trading is standard industry practice. Coordinated bots and insider accounts generate fake volume in the hundreds of millions to billions annually (Chainalysis estimates reached $704 million+ on major chains in 2024 alone), all to manufacture the illusion of deep liquidity and lure real money into overpriced positions. 6/ New token launches are overwhelmingly structured theft. Platforms like Pump(dot)fun and Raydium see 93-98.7% of tokens or liquidity pools exhibit classic pump-and-dump or rug-pull patterns, insiders hype aggressively, dump on retail buyers, drain liquidity, and disappear with the proceeds in a matter of hours or days. 7/ Whale coordination and insider rings routinely engineer artificial rallies. Using freshly minted stablecoins, exchange tokens, and leveraged positions, small groups create massive buy walls, spoof orders, and synchronized pumps, sucking in retail FOMO before orchestrated dumps transfer wealth upward in a cycle that repeats endlessly. Bottom line: the vast majority of crypto's market cap, easily 70-90% or higher, is pure artificial inflation sustained by unbacked stablecoin printing, industrial-scale fake volume, insider-controlled tokens, coordinated pumps, and relentless extraction schemes. What looks like "price discovery" is almost entirely theater designed to move your capital into the hands of the people running the printers.

Based on my understanding of where we are headed, who is pushing us there and how they intend to manipulate us into requesting our own destruction, I think that mass deportations, a return of the death penalty, and more rights to murder people who trespass on your land are among the most foolish 'solutions' anyone could propose in the current situation. I'm not being black-pilled, I'm not purity spiralling, I'm not trying to ruin anybody's fun. I think it's unbelievably stupid and suicidal to want those things given what we ought to have learnt over the last six years.

@cptgrumpus They're not really crypto. Are you a fan of backdoor CBDCs??

@PeterRelevant are you not a fan of stablecoins

This is not a win for crypto.

Bro, this is wrong. Lengthening the feedback distance between humans and AIs is not a good thing for the world. Today, it means you're generating slop instead of solving useful problems for people. It's not even well-optimized for helping people have fun. Once AI becomes powerful enough to be truly dangerous, it's maximizing the risk of an irreversible anti-human outcome that even you will deeply regret. The point of ethereum is to set *us* free, not to create something else that goes off and does some stuff freely while our own situation is unchanged or worsened. (And, as others have pointed out, the models are run by openai and anthropic, so the thing is not even "self-sovereign"; you're actually perpetuating the mentality that centralized trust assumptions can be put in a corner and ignored, the very mentality that ethereum is at war with) The exponential will happen regardless of what any of us do, that's precisely why this era's primary task is NOT to make the exponential happen even faster, but rather to choose its direction, and avoid collapse into undesirable attractors.

Wagyu orderbook is looking thick today. If you want to buy or sell $XMR the best place to do so is Wagyu. 0.1% in spread with thick liquidity.

@0xjoggie @spectatorindex They better hope their govt. don't introduce citizenship based taxation too then. I believe the French govt. already floated that trial balloon. All bullish news for $XMR, because they can't tax what they can't see.

this is basically a forced annual liquidation event disguised as a tax. you have to sell assets to pay tax on assets you haven't sold. the only winners are the tax authorities and the countries offering residency to everyone who leaves. portugal and dubai are probably already printing welcome brochures

BREAKING: 🇳🇱 Netherlands House of Representatives approves 36% tax on unrealized capital gains in stocks, crypto and bonds.

@Kingbingo_ @LeilaniDowding Bullish for $XMR.

@LeilaniDowding Its literally the worst policy I have ever seen. It will instantly kill any attempt to take any investment risk at all. Including news businesses or business recovery.

This is completely insane. What Happens when the stock market drops! How can it possibly be a gain until it’s actually sold!! Crypto is always up and down. It’s crazy

@WXWatcher07 Not looking good for Coimbra, and everywhere downstream on the Mondego😥

Storm #Oriana will bring heavy rain and gusty winds to Portugal starting late this evening into tonight. As the low passes north of Iberia tonight into tomorrow, heavy downpours and thunderstorms will follow behind the cold front, continuing to affect Portugal and Spain through Friday night. Some storms may be strong with locally intense winds and hail. After Oriana passes, the Azores High will return, bringing back a much more balanced and far less extreme pattern!

@org_scp Always an amusing to see them refer to their tax slaves as "customers." Stop paying pedos. Take your custom elsewhere.

GOV.UK 'One Login' to be rolled out to new HMRC customers and in time, those who're already using the Government Gateway with an alphanumeric username & password. The State are drawing the net in fast. The fight continues.

Statement announcing Jeffrey Epstein's death emerges from files... but it's dated a day before he killed himself in his cell trib.al/G9LChtp