Thread by @vexl

What is the Financial Tyranny Index (FTI) presented by the Vexl Foundation at @BtcPrague by our CEO @LeaPetras? 🔥🔥🔥

(thread)

The FTI is a comprehensive tool that measures the extent of statist interventions in the financial space.
We put together parameters like:

CBDC status.

This status is available on: cbdctracker.org

You can see that some countries have already started their pilot CBDC. For example: 🇨🇳 🇫🇷 🇨🇦 🇮🇳 🇸🇦

Cryptocurrency Legal Status.

Available on: en.wikipedia.org/wiki/Legality_…

The only hostile environment is in China. Europe is a more permissive environment.

Cash Transaction Limit (EUR).

Available on: europe-consommateurs.eu/en/shopping-in…

Greece and Italy have a very low cash transaction limit. €500 in Greece and €1000 in Italy.

Money Supply Growth (TTM %)

Available on: porkopolis.io/basemoney

You don't want to be living in Turkey, Argentina or Hungary.

Social Security Rate (%)

What is Social Security Rate? It is the special tax for the state operation.

Available on: tradingeconomics.com/country-list/s…

France has a scary 68 %. On the other hand Mexico got reasonable 9,23 %.

Personal Income Tax (%)

Available on: tradingeconomics.com/country-list/p…

What about income tax in Japan?

56 %? Come on.

Everybody just wants to live in Romania. 10 % is just fine.

Overall results?

Ranking countries on a scale of 0-100.

Quite a surprise that Turkey 🇹🇷, Argentina 🇦🇷, France 🇫🇷 and Canada 🇨🇦 are part of the Top 10 most oppressive regimes.

Spread the #word, free the #world.