Most of the deputies in parliament don't know what crypto is. When they hear blockchain, they probably ask if it's a chain market. But they're writing tax laws anyway.

The so-called representatives of the people claim that assets are disappearing in crypto. It's the height of absurdity at this point.

While America attracts the crypto ecosystem to itself with zero taxes, we're here starting with 0.3% and talking about taxes reaching 40% on assets on foreign platforms. Investors have already fled to cold wallets, and the rest will move to foreign platforms. Then they complain about why capital is fleeing.

What's truly tragicomic is this: neither the government nor the opposition understands the issue. One says assets are disappearing, the other silently approves. The same people eating meals for 66₺ in parliament are writing taxes on the nation's 1000₺ tables.

If this law passes as is, Turkey will become an isolated island in the crypto world. Regulation is necessary, yes, but unguided regulation is more dangerous than no regulation.