Ask a Bitcoiner 21 Questions

On January 1st, 2026, the European Union implemented the Directive on Administrative Cooperation, number 8, also known as DAC 8. This directive essentially forces crypto asset service providers to report their users for tax purposes. I’m joined by Theo Mogenet of Bull Bitcoin to discuss why this is happening and what this means for you. 🎯 Seed phrase challenge (21,000 sats):This is a full-length episode, which means seed words are hidden throughout, 10 to be precise. The other 2 can be found on: X (Twitter) & Nostr): https://x.com/askabitcoiner21/status/2018702705166897466?s=20 / https://primal.net/e/nevent1qqsflgzp5l8urr64mmgz4mdu5neayp5cc5t829nztpr5u8645su32xqht4pkn Substack 👉 https://substack.com/@askabitcoiner21questions The first person to find all 12 words can recover the wallet and 21,000 sats are yours. Good luck, and watch closely.  🔗 Referrals: Orange Manufacturing Group Custom-made and NFC-enabled Bitcoin accessories:➤ Hardwood Signs: https://geyser.fund/project/hardwoodsigns?refId=AAB21Q➤ Lightning Keychain: https://geyser.fund/project/lightningkeychain?refId=AAB21Q➤ SteelQR Sleeve: https://geyser.fund/project/steelqrsleeve?refId=AAB21Q➤ SeedSigner Case: https://geyser.fund/project/seedsignercase?refId=AAB21Q 🌐 https://omg21btc.com/ 🟠 Subscribe / Follow:➤ YouTube: https://www.youtube.com/@AskaBitcoiner21Questions?sub_confirmation=1➤ Spotify: https://podcasters.spotify.com/pod/show/ask-a-bitcoiner-21➤ Twitter (X): https://twitter.com/askabitcoiner21➤ Instagram: https://www.instagram.com/askabitcoiner21questions➤ Fountain: https://www.fountain.fm/askabitcoiner21 Find Theo: X: https://x.com/theomogenet Website: https://www.bullbitcoin.com/  Credits Host: Saidah Gomez https://x.com/SaidahGomez Editing: Orange Manufacturing Group https://x.com/omg21btc Chapters 00:00 The Context of Taxation in France 05:55 The Reporting Requirements of DAC8 11:48 The Rise of Kidnappings and Data Security 19:56 The Dark Side of Data Collection 24:50 The State of Europe: A Failed Infrastructure? 29:45 Government Policies and Economic Stagnation 34:53 The Misconceptions of Crypto and Taxation 38:40 Contradictions in State Structures 42:35 Energy Dependency and Economic Competitiveness 46:40 The Shift from National to European Interests 51:53 Challenges of Real Estate and Savings 56:31 Attracting Global Savings 58:29 Navigating Economic Challenges in Europe 01:00:15 Legal Avenues and Resistance 01:02:08 The Future of European Living Conditions 01:05:15 The Irony of Migration and Living Conditions 01:06:07 Immigration Policies: The Need for Control 01:07:11 Cultural Identity and Assimilation Challenges 01:08:04 Comparative Standards of Living: Europe vs. Japan 01:10:23 Japan's Economic Resilience and Infrastructure 01:11:14 Japan's Demographic Challenges and Economic Strategies 01:12:12 Cultural Narratives in Economic Discussions 01:13:37 Japan's Unique Cultural and Economic Landscape 01:15:25 The Role of Savings in Economic Stability 01:17:02 Wealth, Capital, and Infrastructure in Japan vs. Europe 01:18:00 Emerging Multipolar World and Cultural Connections 01:18:19 Food Culture: Pride, Shame, and Culinary Excellence 01:21:44 Quality of Ingredients: A Culinary Comparison 01:23:46 Conclusion: Economics, Culture, and Future Directions