Satosha on Nostr: If you are a #bitcoiner .. you should lobby Gov to remove capital gains from #gold ...

If you are a #bitcoiner .. you should lobby Gov to remove capital gains from #gold .... Overnight trillions will flow into #bitcoin !

Why ? Cuz goldbugs do want to move to Bitcoin .. primary reason holding them up is capital gains tax ..

quoting
nevent1q…3642

This will kill the #bitcoin ..

Why ? .... Because most investors will cash out to save on capital gains ... The lock in into ANY asset is the capital gains ...

And since Bitcoin has no (current) real life usecase .. it will hit the bottom as soon as few cash out ..

Perfect method to move the money to stables !


nevent1q…68e0