If El Salvador indeed makes BTC legal tender next week, I believe it implies that there will be no capital gains tax on it anymore in other countries. The reason is that BTC is then an official foreign currency and you don’t pay capital gains on other currencies. That’s HUGE.
Marc van der Chijs
10.8K posts
Dutch global investor & entrepreneur, mostly invested in large
tech and AI companies.
- I spent some time analyzing the post-ETF Bitcoin charts today and came up with some rough price predictions for the next 3 months. Currently the ETF inflows lead to a 2% increase in price per day, which is about $1000 per day. Most of the increase is taking place during the
- If you panic sold some of your Bitcoin today you should consider leaving Crypto Twitter. Or at least follow different people. And read the Bitcoin Standard. Plus do research on the S2F model. (And thanks for selling some of those cheap coins to me!). #BTC
- Just sold the last Gold that I still held in my portfolio. I will likely never hold any again, nor Silver or any other physical commodity. Whether you like it or not, Bitcoin is eating the world.
- The EU is on the verge of becoming a police state without any privacy, and its citizens don’t seem to care.We are alarmed by reports that Germany is on the verge of a catastrophic about-face, reversing its longstanding and principled opposition to the EU’s Chat Control proposal which, if passed, could spell the end of the right to privacy in Europe. signal.org/blog/pdfs/germ…
- Unpopular opinion: I have been telling people not to buy real estate anymore. The reason: once people start losing jobs because of AI, they will be forced to sell their house (mortgage payments). I believe this will lead to a rapid decline in housing prices in the next 5 years.
- Europe seems to be preparing a war on Bitcoiners: higher cap gains on BTC in Italy, a proposed exit tax in The Netherlands, no mortgage in the UK if you made the money for your real estate in crypto (personal experience!), and now the ECB is telling no-coiners that Bitcoiners are1/ This new paper is a true declaration of war: the ECB claims that early #bitcoin adopters steal economic value from latecomers. I strongly believe authorities will use this luddite argument to enact harsh taxes or bans. Check 🧵 for why:
- I don’t think Trump’s speech will gain him a lot of new voters among Bitcoiners. The other way around, many will now see him for what he really is. It was my first time watching him speak live. He sounds like a low IQ conman to me, I wouldn’t believe anything he tells me.
- One reason this Bitcoin bull run will be different from 2013 & 2017 is that you can now borrow against BTC collateral. So if you need cash you can get that without selling your coins. Less selling pressure equals higher Bitcoin prices. Might be a game changer for many HODLers.
- I worked at Mercedes-Benz HQ at the beginning of my career. Because of that I am more and more convinced that none of the big automakers will survive the next 10 years. Not GM, not Ford, not Volkswagen. They all missed the boat on EVs and Fully Self Driving (FSD) Robotaxis. But
- My money is on Singapore. Their sovereign wealth fund Temasek has been quietly buying for 3 years. Smaller countries with less resources are more likely to take this ‘risk’. They will drive BTC price to over $1 million in 5 years.Whichever country fully embraces bitcoin first, wins.
- I passed by the Tesla store today and felt disgusted by the brand. I still think Elon is a genius but he seems unstable. Many small BTC investors got spooked & lost money b/c of him. His DOGE remarks seem self serving and could lead to a lot more people losing their life savings.
- 1/ Still don’t believe the halving is going to lead to much higher BTC prices this year? Grayscale bought 1/3 of all new minted coins over the last 3 months, that would be 2/3 of all new coins now (=after the halving mining reward went down 50%).
- I think I have never been more bullish about Bitcoin than I am right now. We are close to an all time high, we are up 60% in one month and there is not even a hype yet. I now start to believe that we could even be at the start of a supercycle where new money keeps on flowing





