Stiglitz Talk Say Trump Move To Less Control Crypto Fit Turn US To Global Tax Haven, Make Investors And Oga Dem Worry
Oga wey win Nobel prize, Joseph Stiglitz, plus other big big pipo wey sabi about crypto palava for US don talk say wetin Donald Trump wan do about crypto, say make e no too strict, fit turn America to di biggest place wey pipo no pay tax for di whole world. As Trump dey rule, dem stop to dey collect data about who get business, comot from wetin other kontri dem tanda gidigba on tax palava, make crypto rules no too tight, and no too gum body to stop money laundering, all dis make finanshial tin no too clear. Pipo wey get money don still yan say dem no like di tax tin wey don show face, say e fit affect how pipo transfer moni well well. As tin dey happen now, like di order wey say make US create strategic crypto reserve, and chooseSEC oga wey like crypto—make pipo fear say crypto tin wey dem no fit trace plus bad bad moni palava go increase. Stiglitz say if dem no make rules tight, e fit make crypto exchange, online casino, and trading platforms wey no show face, wey dem no too control, dey waka well well, and dis go make money laundering and tax evasion palava plenty. Even if dis tin fit helep crypto traders wey no like too much wahala for small time, e fit spoil finanshial stability for long time and make pipo no trust US finanshial system again. Other palava like dem cut IRS staff and give companies tax break fit make govt lose about $2.4 trillion for tax moni for ten years. Since over 50 kontri wan make company tax small pass 15%, Stiglitz say wetin US dey plan fit kuku spoil tin for dem. For crypto traders, di small time benefit wey dem get from no too tight rule fit no be much reach di wahala wey go come for long time, say tax rules go tight everywhere, and US plus crypto industry go get bad name.
Neutral
Di way wey Trump government take look crypto and US tax, like Nobel laureate Joseph Stiglitz and other big big people don warn, get levels of risk and quick quick sweet things for crypto market. For one side, if dem relax rules, cut IRS staff, and no too check money laundering, e fit make people trade more and money enter US crypto places, wey go make traders wey like less wahala come. For anoda side, the fear say US go become global tax heaven, plus say bad bad deals fit increase and people for obodo oyibo go vex, dey raise fear for market wey no go stable for long, international bodies go come down hard, and the whole crypto business go get bad name. Even though some traders fit gain small now, these big risks show say wetin go happen no clear: nobody expect any sure sure up or down trend just from this news, but traders must keep watch for future changes for rules and wetin go happen for obodo oyibo wey fit come after dem relax rules like this.