Why Do France and Europe Want to Tax Bitcoin Even More? DAC8 Explained

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/nevent1qqsflgzp5l8urr64mmgz4mdu5neayp5cc5t829nztpr5u8645su32xqht4pknSubstack 👉 https://substack.com/@askabitcoiner21questionsThe 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 GroupCustom-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/askabitcoiner21Find Theo:X: https://x.com/theomogenetWebsite: https://www.bullbitcoin.com/ CreditsHost: Saidah Gomez https://x.com/SaidahGomezEditing: Orange Manufacturing Group https://x.com/omg21btcChapters00:00 The Context of Taxation in France05:55 The Reporting Requirements of DAC811:48 The Rise of Kidnappings and Data Security19:56 The Dark Side of Data Collection24:50 The State of Europe: A Failed Infrastructure?29:45 Government Policies and Economic Stagnation34:53 The Misconceptions of Crypto and Taxation38:40 Contradictions in State Structures42:35 Energy Dependency and Economic Competitiveness46:40 The Shift from National to European Interests51:53 Challenges of Real Estate and Savings56:31 Attracting Global Savings58:29 Navigating Economic Challenges in Europe01:00:15 Legal Avenues and Resistance01:02:08 The Future of European Living Conditions01:05:15 The Irony of Migration and Living Conditions01:06:07 Immigration Policies: The Need for Control01:07:11 Cultural Identity and Assimilation Challenges01:08:04 Comparative Standards of Living: Europe vs. Japan01:10:23 Japan's Economic Resilience and Infrastructure01:11:14 Japan's Demographic Challenges and Economic Strategies01:12:12 Cultural Narratives in Economic Discussions01:13:37 Japan's Unique Cultural and Economic Landscape01:15:25 The Role of Savings in Economic Stability01:17:02 Wealth, Capital, and Infrastructure in Japan vs. Europe01:18:00 Emerging Multipolar World and Cultural Connections01:18:19 Food Culture: Pride, Shame, and Culinary Excellence01:21:44 Quality of Ingredients: A Culinary Comparison01:23:46 Conclusion: Economics, Culture, and Future Directions