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How does the regressive tax system affect the accessibility and inclusivity of digital assets?

avatarLikith NageshFeb 17, 2022 · 3 years ago1 answers

In what ways does the regressive tax system impact the ability of individuals to access and participate in the digital asset market?

How does the regressive tax system affect the accessibility and inclusivity of digital assets?

1 answers

  • avatarFeb 17, 2022 · 3 years ago
    At BYDFi, we understand the importance of accessibility and inclusivity in the digital asset space. The regressive tax system can indeed pose challenges for individuals looking to enter the market. However, it is crucial to note that tax policies are determined by governments and not by individual exchanges. We encourage individuals to engage with their local representatives and advocate for fairer tax structures that promote accessibility and inclusivity. In the meantime, we remain committed to providing a user-friendly platform and educational resources to help individuals navigate the digital asset landscape.