🚨 COMO SE PROTEGER DA REGULAÇÃO CRIPTO (Legalmente!)
Regulation Impact on Cryptocurrency and Privacy Tools
Introduction to Recent Regulation
- The speaker discusses a significant regulatory change in the cryptocurrency market introduced two days prior, emphasizing its harsh impact.
- National exchanges lack the variety and security of international platforms, leading to higher legal risks for users.
Government's Focus on Taxation
- A Brazilian deputy is attempting to halt regulations affecting Bitcoin exchanges, arguing that they do not equate cryptocurrencies with foreign currencies.
- The speaker challenges this view, asserting that the regulation clearly indicates an equivalence which could lead to currency exchange taxes (IOF).
Implications of Increased Taxation
- The government prioritizes tax collection over providing public services like education and healthcare, resulting in minimal returns for citizens.
- As time progresses, individuals will face increasing taxation and surveillance from the government.
Strategies for Asset Protection
- To protect assets from governmental control, investing abroad or converting part of one's wealth into dollars or Bitcoin is recommended.
- Rising values of Bitcoin and the dollar may prompt more stringent controls by the government to prevent capital flight.
Understanding IOF and Currency Exchange Risks
- The speaker explains how currency devaluation leads governments to impose barriers on transactions involving stablecoins as a means of generating revenue through IOF.
- An example illustrates how converting 100,000 BRL into USDT can result in significant losses due to IOF when needing to revert back after a week.
Importance of Privacy Tools
- There is a growing push against stablecoins as they provide alternatives to weak local currencies; thus, caution is advised when using them.
- A VPN tool (Proton VPN) is suggested as a means for maintaining privacy while accessing international exchanges despite local regulations.
Conclusion: Defending Financial Sovereignty
- By utilizing tools like Proton VPN, individuals can bypass restrictions imposed by national regulations and continue trading on international platforms.
Proton VPN and Regulatory Challenges in Brazil
Introduction to Proton VPN
- The speaker introduces Proton VPN as a reliable tool offered by Proton, emphasizing its global reputation.
- A promotional offer is mentioned: signing up through the provided link grants one month free, supporting the channel.
Concerns Over Brazilian Regulations
- The speaker expresses frustration over recent regulatory changes affecting online betting and cryptocurrency exchanges in Brazil.
- Reference to Deputy Rodrigo Valadares proposing a legislative project aimed at countering new regulations from the Central Bank of Brazil regarding Bitcoin and crypto exchanges.
Legislative Implications
- Discussion on how the proposed legislation seeks to halt resolutions from the Central Bank that impact digital asset regulation.
- The speaker highlights concerns about the extent of regulatory power held by federal authorities, suggesting it exceeds acceptable limits.
Critique of Current Government Actions
- The speaker criticizes Law 14478 of 2022 for creating a restrictive environment for cryptocurrency exchanges in Brazil.
- Emphasis on Argentina's economic struggles and how Brazilians are turning to cryptocurrencies as an escape route, contrasting with Brazilian government actions perceived as regressive.
Features of Proton VPN
- Transition back to discussing Proton VPN’s features, highlighting its capabilities beyond just being a VPN service.
- Overview of additional services offered by Proton including encrypted email, secure cloud storage (drive), password manager, and two-step authentication for Bitcoin wallets.
Conclusion and Recommendations
- The speaker advocates for using international exchanges over local ones due to better functionality and security features.
- A recommendation is made for Bing X exchange with an invitation to participate in potential rewards through registration.