Bitcoin the International Commodity
COMMENT: Mr. Armstrong, I am a newcomer. I watched your WEC virtually. It was very eye-opening. I also want to thank you for Socrates and for covering Bitcoin. Your service [...]
India surprised everyone. They did not remove the tax on gold and in fact increased it. India is the number-one consumer of gold jewelry. Sales have declined recently because many expected the tax to be lifted. A near 10% tax on gold has been rather high. Nevertheless, the government sees this as a capital outflow.