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Diff for: lightning/index.md

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## The Bitcoin and Lightning stack
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The Bitcoin 'base layer' (the blockchain) cannot facilitate enough transactions to allow billions of people to use it every day. For example, if a couple of million people suddenly wanted to start using the network daily for everyday purchases, the transaction queue and fee rate would quickly spike as people compete to get their transactions processed. To aleviate this and enable the network to scale to cope with the expected exponential increase in transaction numbers, a layered system is being worked on and rolled out, much like the [Internet Protocol stack](https://en.wikipedia.org/wiki/Internet_protocol_suite).
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The Bitcoin 'base layer' (the blockchain) cannot facilitate enough transactions to allow billions of people to use it every day. For example, if a couple of million people suddenly wanted to start using the network daily for everyday purchases, the transaction queue and fee rate would quickly spike as people compete to get their transactions processed. To alleviate this and enable the network to scale to cope with the expected exponential increase in transaction numbers, a layered system is being worked on and rolled out, much like the [Internet Protocol stack](https://en.wikipedia.org/wiki/Internet_protocol_suite).
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Of course these transaction levels could be drastically increased by using a centralised database, similar to the current financial system we have today. But that wouldn't be very 'Bitcoin', would it? Transactions could be censored, privacy would be non-existant and we would be no better off. Enter the original 'layer 2' Bitcoin solution, [The Lightning Network](https://lightning.network/lightning-network-paper.pdf).
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Diff for: nokyconly/index.md

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If you ever sell KYC bitcoin, depending on your jurisdiction, you will likely pay around 20% of your gain in Capital Gains Tax (or equivalent VAT/GST obligations). If you buy a 1 BTC at $10,000 and sell at $20,000, you are liable to pay around $2000 in taxes.
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If you bought that same 1 BTC with a 4% premium over the $10,000 spot price you would have paid $10,400 for the same amount of sats and the only person who knows you own them is your trade counterparty.
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If you bought that same 1 BTC with a 4% premium over the $10,000 spot price you would have paid $10,400 for the same amount of sats and the only person who knows you own them is your trade counterparty. You are still required to pay Capital Gains Tax (or equivalent), but it's highly unlikely that your trade counterparty is subject to KYC information obligations.
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