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Forget about the HCL … it has nothing to do with the value of the currency or them reducing the note count or on policy with the currency itself.

People are in panic mode cause they can’t find the receipt for their dinar … they can’t find the certificate that says they’re legitimate.

You don’t need any of that stuff. Back in the day people thought that buying dinar was like buying a stock, that if you had it longer than a year you’d be taxed at a different rate. That’s not true. It’s ordinary income.

So it doesn’t matter if you’ve had it for a day or ten years you get taxed exactly the same … as ordinary income … that’s final. That’s what it is.

So you don’t need a receipt and you don’t need a certificate saying that your currency is currency. Don’t worry about it.

[Dinar Detectives Notice: All posts are for informational purposes only and are the opinions of the providers. They are not legal, tax or investment advice. We strongly encourage everyone to do their own due diligence and seek professional tax, legal and/or investment advice.]