Bitcoin is duty-free

[Anonymous No.54679963]

>govt has no right to tax crypto let alone gains
>govt cannot fulfill their end of the deal ie retrieve stolen property from eg exchange thefts like MrGox or Joe Biden stealing billions from FTX depositors
Can anyone refute this argument in abstract? I am studying /biz/ law and given all modern rule of law systems are based on a reciprocity of rights & obligations there is so such reciprocity in these cases, money held under custody gets stolen (or, under stricter definitions, assets are stolen) and cannot be retrieved and lawfully returned to owners, so by the same measure, that money/those assets cannot be taxed as a government can't uphold its end of the deal, which is guaranteeing people's property rights in this instance.

tl;dr Bitcoin should be duty-free. Especially when governments themselves are the ones doing the robbing, such as in the cases of MtGox and FTX.

I don't even own crypto since studying is too expensive but I'm looking for different views, as far as I can see these features are hardcoded into the protocols and corruption and crime is hardcoded into governments so in any fair interpretation of crypto tax law Bitcoin should be duty-free because people are paying for their own "security budget" and we see what happens when people entrust their crypto to exchanges custodially and their security fails, people are unable to retrieve their assets/money and the exchange can't refund what it lost and, hence duty-free.

[Anonymous No.54679988]

>>54679963
wut lol

[Anonymous No.54679994]

Yes… but jews, anon, but jews.

[Anonymous No.54680004]

>>54679988
Hyperbitcoinization