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/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