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Good morning Sir,
I’d like to make the early apology for my irrelevant question to you.
Nowadays, the bitcoint market is booming and everyone is buying coins
For me, i ‘ve bought some but not many.
you know always the UK economy market is leading the rest of the world’s economy
but only US Japan and China are going crazy about coins.
do you think the trend is the revolution that gives chances to poor or middle-class people to become rich or just temporary booming?
how long would it be booming?
In my personal thought, this is the time we need to legislate new laws that prevent the rich from handing over their wealth to their children without any other tax through bitcoin.
In fact, some of my friends’ father already handed over to my friends via this method without loosing one penny.you think also this is so cunning method, but i am also one of the person who wants to take advantage of this.
i would be really excited if i can get your invaluable piece of advice.
many thanks sir.
My own view is that bit coins are pure gambling/speculation. Like buying gold or houses or shares in the expectation that values can only increase. History shows that asset values fall as well as rise, and just because values have recently increased does not mean this will continue. Indeed, bitcoins have fallen from their peak value.
The fact that it might be possible to hand over value secretely to avoid taxes does not make that ethical. Governments and regulators are already taking an interest in blockchain technology on which bit coins are based.
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