Venezuela’s Socialist Establishment Bares its Ugly Fangs with Parasitic Crypto Tax

Venezuela’s Socialist Establishment Bares its Ugly Fangs with Parasitic Crypto Tax

After years of hiding behind the fig leaf of socialism and revolutionary anti-imperialist rhetoric, the embattled Venezuelan government of Nicolas Maduro has shown its true colours with a new 15 percent tax on cryptocurrency transactions that may be best described as opportunistic, if not an act of outright tyranny. Venezuela’s New Cryptocurrency Tax At a time when Hugo Chavez’ successor is facing an unprecedented challenge to his legitimacy, with U.S-backed opposition leader Juan Guaidó gaining more international recognition, the move underlines his government’s culture of economic vandalism that has turned South America’s largest oil producer into a basket case with

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Source: Venezuela’s Socialist Establishment Bares its Ugly Fangs with Parasitic Crypto Tax – BitcoinDigest