Lorenzo
Sun Aug 11 2024
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5 answers
1142
Is STT applicable on ETFs?
Could you please elaborate on whether STT, or Securities Transaction Tax, is applicable on Exchange Traded Funds (ETFs)? I'm curious about the taxation policies surrounding ETFs, specifically whether they are subject to STT in the same way as other securities. Are there any exceptions or special considerations that apply specifically to ETFs? Additionally, how does the taxation of ETFs compare to that of traditional mutual funds or individual stocks? I would appreciate any clarity you can provide on this topic.
Leonardo
Sat Jul 06 2024
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6 answers
1623
Is Gresham's Law Applicable to bitcoin?
As a financial professional, I often encounter the intersection of traditional economics and emerging technologies. One such topic that has piqued my interest is the applicability of Gresham's Law to Bitcoin. Gresham's Law, a principle in monetary economics, states that "bad money drives out good." In other words, when two forms of money are accepted as legal tender, the one that is perceived to be of less value will tend to be used more frequently, while the more valuable form will be hoarded or exchanged for other goods. Given Bitcoin's unique properties as a decentralized digital currency, I question whether this age-old economic theory still holds true. Does Bitcoin, as a limited supply asset, behave differently than traditional fiat currencies? Or does the concept of "bad money driving out good" still resonate in the world of cryptocurrencies? Understanding the nuances of this relationship could provide valuable insights into the future of Bitcoin and the broader crypto market.
