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  ·  2 years ago  ·  

yes but it´s in germany and in Spain pseudo cards so you have an exchange of the coins to fiat and therefor a tax issue every time you do that.
The only usecase what avoid that is with the US card from Nexo, they handle these transactions as a kind of a loan against your coins so you don´t lose them (if you pay back later on) and don´t have to pay tax for the sale of the coins.
Defi which not take these special concerns into account isn´t the solution because you lose money for the taxing.

There are bandits in all corners don´t matter if they are Bankers, Lawmakers or Governments 😉