I bought way too much #btc with KYC. Not much I can do about it anymore unfortunately. I won't have many options when the tax agency asks for my balances (which they will)
They already have access to bank account balances & transactions (foreign accounts) and they plan on getting access to these for Belgian accounts too (the order is strange, I know)
That means that besides my KYC'ed withdrawals, they can accurately calculate my buys through KYC-light services too.
There is capital-gains tax (for now) so I can hodl and report everything nicely without breaking the law. But I fully expect them to clamp down on #btc holders in the future.
Besides, if that info ends up centalized in a gvt database, chances are pretty high that eventually becomes public info. This puts my life and my family at risk
You can follow @sovereignhodler.
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