DescriptionBitcoin and other cryptocurrencies have long become an integral part of the global financial system: their capitalization is about $ 2 trillion, which is a fairly significant segment of the international market. The substantially decentralized nature of the leading cryptocurrencies makes them very attractive as an investment asset that can significantly diversify the risks of investing in currencies, government securities, shares of private enterprises, commodity futures and other stock market instruments, often subject to unpredictable fluctuations due to unexpected changes in economic conditions, both internal and external political shocks.
An extremely characteristic feature of crypto assets is the complete absence of the need for any mediation in the transfer of cryptocurrencies "from hand to hand", which provides the possibility of practical preservation of the incognito of the counterparties of the transaction, and if the transaction is still made with the participation of a trusted third party, for example, according to the escrow account scheme, then in this In this case, the contract can be executed outside the field of view of state financial monitoring and tax control bodies. Now, when signs of global financial instability are beginning to clearly manifest themselves and there is an alarm about the threatening increase in the inflation rate of state currencies, the expansion of the use of decentralized cryptocurrencies in various areas of production and trading activities of enterprises and individuals seems more than logical and opens up new horizons. In turn, the state strives at all costs to maintain control over the financial system, because only through this control do members of the highest echelons of power ensure their lives in insane, fantastic luxury, regardless of the conditions in which the rest of the population exists. Not having the opportunity to completely block the use of cryptocurrencies, the state is trying to "fit" cryptocurrencies into its sphere of influence in various ways: it adopts laws that "regulate" the purchase and possession of cryptocurrencies, obliges centralized operators associated with cryptocurrency transactions to accumulate and provide the controlling authorities with personal data of cryptocurrency owners, prescribes organizations and public associations, related to cryptocurrency activities, obtaining all kinds of licenses and certificates, creates collaborationist IT groups-specialists engaged in tracking, analyzing and deanonymizing cryptocurrency addresses and transactions. This leads to the fact that people who want to save and increase their savings by investing in crypto assets, at one stage or another, are forced to disclose the relevant financial actions and their personal data at least to the payment operator, who, in turn, may be faced with the need to transfer this data to state supervisory authorities. Such vulnerability undoubtedly goes against the very basic idea of cryptocurrency, which consists in the complete and undivided control of each owner over their own funds. It should be emphasized that we are not talking about tax evasion here at all: the fact is that a person who invests his money in a crypto asset and, accordingly, assumes the associated risks of losing all (or part of) investments, income tax to the state, as a rule, has already paid upon receipt of funds (the device of the state the financial system practically guarantees this, unless, of course, this crypto investor receives a salary "in an envelope"). If the main activity of the entity consists in regular speculation on the crypto exchange in order to generate income, then in this case it will not be possible to evade the fulfillment of tax obligations, since now almost all centralized platforms strictly follow KYC / AML procedures, and decentralized ones are gradually approaching this. As states adopt relevant laws in the field of regulating the circulation of cryptocurrencies, a situation will inevitably arise when any owner of a crypto asset who has disclosed his personal data will receive claims for payment of a tax on the increase in the value of his cryptocurrency capital, as if it were a term deposit in a bank, which, of course, is by no means fair.
The option looks much nicer when, instead of directly buying a crypto asset, a person invests in his own, albeit small, business, assuming a financial effect in crypto units. In this case, firstly, dependence on market factors, which still play a very significant role in the cryptosphere, is significantly weakened, secondly, there is no need to tightly bind transactions to the personal data of both the service owner and his clientele, thirdly, there is a certain potential for tax optimization of the business process, which makes it more maneuverable and competitive.
Perhaps the most primitive, but quite illustrative example of such a business is "classic" mining: of course, at the start it requires quite tangible investments in equipment, but in the future it allows the owner to receive daily (moreover, almost passive) income in absolutely pure, guaranteed not related to any criminal activity, the so-called "virgin" (virgin cryptocurrency), a cryptocurrency. The essential point is that the cryptocurrency income here is practically "untethered" from the market situation, being dependent, for the most part, on purely technical factors - the complexity of the network, the hashrate of the installation, cooling, etc., - that is, relatively constant values, whereas the direct purchase of cryptocurrencies often leads to a prolonged stay in a state of loss, at the most inopportune time and without any clarity regarding the development of events in the future, which, among other things, negatively affects the state of the nervous system of an inexperienced investor.
With the development of online services, almost any business activity can and should focus on the spread of cryptocurrencies as a means of payment. Moreover, the confident formation of decentralized global networks of the Web 3.0 era organically and naturally integrates crypto payments into the very basic structure of these networks, and solutions of the L2 and L3 levels ("rollups") make it possible to make the transaction costs of users almost zero. At the same time, there is no need to disclose any personal data of users, any blocking and restriction of web interfaces of interaction with such networks will not achieve the goal due to the absence of critical "points of failure" in them.
Separately, we need to focus on another, very important and tragic, factor of the growth of the value of decentralized crypto economy in modern realities. The monstrous events taking place on the political and humanitarian landscape, the very possibility of which until quite recently seemed to be an atavistic delusion emerging from the depths of the dark ages, became overnight a nightmarish reality. Relentless, insensitive Moloch, released by madmen into the wild, tirelessly grinds tens of thousands of lives, sheds rivers of blood. Millions of people have become outcasts on the planet, the inhabitants of the "plague barracks", from which there is no way out. Those few of them who turned out to be "not infected" are burned with shame that they had the misfortune to be born in the "wrong country".