downliner
30th November 2017, 17:34
So in the last 3 weeks Bitcoin has jumped nearly $7,000 in value but why when China banned Cryptocurrencies only a few months ago causing Bitcoin to drop by over $1,500 literally overnight?
Well i have a theory on this and it involves the EU, Brexit and the major corporations situated in London and Europe.
In January 2016 the EU announced a new law to tackle tax avoidance in Europe which they call the Anti-Tax Avoidance Directive.
In March of the same year the Conservative Government calls a referendum to 'let the people decide' whether to leave or remain in the EU and set about their manipulation to split the party into two groups with the almost human side supporting the decision to leave. I say almost human because the true motives of the backstabbers Johnson and Gove became blatantly obvious once the decision had been made :ROFL:
The law proposed in the EU will allow Brussels to investigate tax havens and corporations as well as shell company earnings but only in the fiat currency which is where i suspect Bitcoin has come to the rescue.
So the law comes into effect in March 2019 which coincidentally is when Britain is scheduled to leave the EU.
So those corporations in the EU are now left with a decision to make seeing as London will be the new tax haven free from EU scrutiny after 2019 and that is whether to relocate to London or to exchange their ill-gotten gains into an unregulated currency therefore bypassing requirements of the new directive.
Well it would appear they have chosen to support the latter by exchanging laundered money for cryptocurrency, hence the sharp rise in Bitcoins value.
But it's not all bad news because for the first time in history its possible this move will actually benefit the working class and lesser able who had the foresight to purchase the crypto currency prior to the increase.
With the value standing at around $10,000 per coin if you purchased it last month you would be 3 times in profit by now.
https://fb-s-d-a.akamaihd.net/h-ak-fbx/v/t1.0-9/24232602_1655179207836865_2944261216271874031_n.jpg?oh=4d54a8bfe8457f18ced8f86df6707d52&oe=5A98232F&__gda__=1519503556_9242d3cac4fd5e50aee16a40a395c5ef
Well i have a theory on this and it involves the EU, Brexit and the major corporations situated in London and Europe.
In January 2016 the EU announced a new law to tackle tax avoidance in Europe which they call the Anti-Tax Avoidance Directive.
In March of the same year the Conservative Government calls a referendum to 'let the people decide' whether to leave or remain in the EU and set about their manipulation to split the party into two groups with the almost human side supporting the decision to leave. I say almost human because the true motives of the backstabbers Johnson and Gove became blatantly obvious once the decision had been made :ROFL:
The law proposed in the EU will allow Brussels to investigate tax havens and corporations as well as shell company earnings but only in the fiat currency which is where i suspect Bitcoin has come to the rescue.
So the law comes into effect in March 2019 which coincidentally is when Britain is scheduled to leave the EU.
So those corporations in the EU are now left with a decision to make seeing as London will be the new tax haven free from EU scrutiny after 2019 and that is whether to relocate to London or to exchange their ill-gotten gains into an unregulated currency therefore bypassing requirements of the new directive.
Well it would appear they have chosen to support the latter by exchanging laundered money for cryptocurrency, hence the sharp rise in Bitcoins value.
But it's not all bad news because for the first time in history its possible this move will actually benefit the working class and lesser able who had the foresight to purchase the crypto currency prior to the increase.
With the value standing at around $10,000 per coin if you purchased it last month you would be 3 times in profit by now.
https://fb-s-d-a.akamaihd.net/h-ak-fbx/v/t1.0-9/24232602_1655179207836865_2944261216271874031_n.jpg?oh=4d54a8bfe8457f18ced8f86df6707d52&oe=5A98232F&__gda__=1519503556_9242d3cac4fd5e50aee16a40a395c5ef