225 sats \ 1 reply \ @halalmoney 24 Apr \ on: Biden’s Budget Proposal: Highest Capital Gains Tax Rate in 100 Years charts
If the USD price of Bitcoin falls because of this development (whether actualised or not), then perhaps the market is inefficiently pricing Bitcoin’s ability to resist unjust wealth grabs by the State.
Or: the market has correctly surmised that most Bitcoin holders would easily cave in to the State.
Most will. It's not that serious for them.
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