GM Coming to the EU soon: “The reason for the revolt was the harsh and unfair taxes imposed by the royal power, which was seated in Denmark and used foreign tax collectors and civil servants to impose its will on the population.”

Enjoy! Was great meeting you last year

Green candle incoming

I find it really interesting, because when i was in Uni about a decade ago, Dutch dredgers started to mine gold under water. It wasn’t really spoken about but the market back then was already growing rapidly. The new central bank vault in the Netherlands also has quite some additional space in comparison with the old vault. Why is that? Monetary reset.

Now I’m really wondering how many degens got liquidated borrowing against shitcoins 😂 Had an epic conversation yesterday evening before going to bed. Woke up around 4.15 first answered my emails and DMs of BitcoinBrabant and did some workouts. Than found out bitcoin was a a bit lower. Emptied all the bank accounts. Bought bitcoin. Don’t do leverage. Work your ass off. Don’t leave bitcoin on an exchange. (All major US exchanges went offline during the trough).

Using it for years in the Noderunners group…

GM

A technical issue for us in Norway. You need digital ID to access the local marketplace app Finn.no. To receive discounts in the supermarket: digital ID… Any practical ideas to work around this?

No this is seriously the case. Preparing the DAC8 implementation this was confirmed by a high officer at the Dutch tax authorities. Should be public information. Otherwise someone should file a WOB for it to just make it confirmed this is the case. It’s the same with bank accounts. In the Netherlands we’ve got around 20.000 compliance folks checking on your transactions with banks. PEPs (politically exposed persons) and high net worth individuals have a separate status and these bank accounts are in a different database and have different accessibility for bank employees. Rules for thee and not for me is literally applied in the Netherlands at the tax authority and bank level. Even more interesting, you can request a secrecy for your personal data with the municipality. That’s now accessible for every citizen, but got that advised in one of the meetings, also interesting for Dutch citizens to request this with their local municipality:

This is a video on our Dutch business network RTLZ. It can’t be found online with RTL anymore, just like some other material where I got to be in mainstream in the Netherlands. This specific piece was critical. In the preparation we talked about the €2.5 billion additional tax that is going to be taken from bitcoin hodlers under new DAC8 regulation. The lady starts off with 2.5 billion of tax evasion currently ongoing by bitcoiners… Gaslighting at its finest. Apart from that all economic and personal data from exchanges from 2026-01-01 will be put into a central EU tax authority database. The laws have passed the implementation is finalized. If you are in EU and hodl or transfer anything through a regulated exchange, be aware. Your name and activity will be in this Central European tax database with every bitcoin move you do through these parties from the 1st of January. People around me are saying this is insane, I just look at it as the final push to also use bitcoin as a medium of exchange. You simply don’t want to be in this database with a bitcoin number behind your name. Oh and if you’re interested in the details, you do know that politicians, royalty and extremely wealthy people have an exempt status and a separate account and physical database with the tax authorities, right?

If you want to vlog on nostr, how do you do it?

As a bitcoin maxi, life is simple. You simply always are all in. And of course looking at “price” it’s not always wise. So a beautiful example of conviction as I’m going through some historical buys with the print screens and the actual numbers. At the end of 2021 I sold my bike rental, bikelimburg. My last bit of fiat came in and as always, I directly converted it into bitcoin. I just started and knew I needed the money later. It would take years to create a profitable company. But I bought bitcoin at this top anyway. I spend €5000,- (which was basically $5000,- back then). To see it be (1/4) €1250,- a year later. In November 2022, we had basically no new clients, not a single business case made sense for mining on that fiat level. And basically nobody believed in it anymore at that time. I was earning some fiat through BitcoinBrabant still and some side jobs at that moment. I always bought bitcoin. Proof of it below 👇

Efforts

What kind of bitcoin is becoming mainstream according to you? Because the “bitcoin” that seems to become mainstream is actually not bitcoin. It’s in general mainstream embracing a derivative.