Greedy Crypto Kid

@krugermacro And the best way to trade is @Dreamcash; Be sure to sign up to farm a potential $DREAM AirDrop. This ref gives you a free points: dreamcash.xyz/share?code=PPH…

Hyperliquid is now a Tradfi decentralized exchange

@CryptoMichNL Use your power and share this petition that aims to stop this bill: petities.nl/petitions/stop…

The Netherlands has gone insane. The government wants to tax unrealized gains on #Bitcoin from 2028 onwards. I simply don't understand why people are blindly accepting this and not going all-in to demonstrate against this particular law. The amount of tax being paid each year is going through the roof, and now the government wants more. Why? How so? Let's first try to solve the entire system and stop the billions and billions of euros being spent each year for nothing. The system is completely inefficient and broken. No wonder people are leaving the country, and to be fair, it's completely right to do so.

@Bart_Mol Good write up. Maybe good to share this petition that aims to stop this bill: petities.nl/petitions/stop…

Reflections on this bill from a Dutch citizen who has closely followed this process for years. First: the old system. It was pretty simple: the government assumed that you make ~5% return on your assets per year. That return is then taxed (~35%). Assets include savings, stocks, crypto, etc. There is an exemption of ~€55.000 per person. Assets are measured on the 1st of January every year. Imagine you hold one bitcoin worth €75,000. Subtracting the exemption leaves €20,000 taxable. The government presumes a €1,000 return (5%), resulting in €360 tax (35%). In summary, this system is: - Very simple to understand - Low administrative burden - Advantageous to investors where ROI >5% - Disadvantageous to investors where ROI <5% Savers fall into that latter group. Years of sub-5% interest rates led the government to overestimate savers' returns. In 2021, the Supreme Court ruled that this was unlawful and that this needed to change. The government should calculate taxes based on the actual return on investment instead of the assumed return. At this point, I want to make a few things clear: - I don't mind paying taxes - I think the Supreme Court's decision was correct What I do mind is: - Tax on paper gains - Added administrative complexity for tax filings - The Government is not listening to the advice of the Netherlands’ highest advisory body on legislation - That the Tax Authority is pressuring the legislative process to make a quick decision - Making obviously bad legislative decisions And these are exactly the things that are happening. For some reason, the Government decided against a capital gains-like system and chose an unrealized capital gains system. This means that you pay tax on the paper profit you made during the year. Let's say you have one Bitcoin on January 1st, valued at €70.000. On December 31st, Bitcoin is at €115.000. A return of €45.000. Taxes to pay: €15.750 (35%). No exemption in the new bill. The problem: all your money is in Bitcoin. But that is not a problem! That is what I want! That is why I stacked every single Satoshi I could since 2016. The same goes for stocks, gold, silver, or real estate: the goal is to have as little fiat as possible! But in the short term, I have to pay €15.750 in taxes. In this example, it means I have to sell some of my Bitcoin (0.137 BTC, to be precise). After the tax, I'm left with 0.863 BTC (€99.245). So on paper I'm doing fine (from €70.000 to €99.245 in a year). But my underlying assets are diminishing (1BTC to 0.863 BTC). The amount of Bitcoin, stocks, and gold in my portfolio is decreasing each year. This creates a dilemma: I don’t want to sell. I expect bitcoin, stocks, and gold to rise over time. But I have to, because the Government demands it. The obvious better choice was to tax when people decide to take a profit. I don't really have a problem with paying taxes on my realized profit. When I decide to sell, instead of being forced to sell when I don't want to. I'm not the only one who thinks there are better options. The Council of State (the Netherlands’ highest advisory body on legislation): "Don't do it. It's too complex (for both the tax authority and the citizens). Look for alternatives." And still, the government marches on. And the House of Representatives 'reluctantly agrees'. What the fuck does that even mean? "Yeah, we also don't like this bill, but we still are going to sign it into law." It's batshit crazy. But it's where we are. That's what the quoted tweet is about. Not all is lost, though: - House of Representatives (2e kamer) still has to approve this bill (quote tweet is wrong here). - Senate (1e kamer) still has to approve. - The Tax Authority is unable to comply with this bill (too complex) - Complexity makes this bill filled with loopholes So, to sum it up: hopefully, Parliament comes to their senses and stops this monstrosity of a bill, and chooses one of the better options instead.

🤙 Money's calling. Retweet to answer.

@coinfessions Go hard, and then go home 💰

I made $200k, lost 190k. Made 250k with the $10k on perps. Lost all except $5k. Turned into $50k, back down to $5k. Made $50k again in a matter of weeks. Did this 3 times. Lost all of it. Zero. Took out $15k line of credit. Turned it to $180k now in 3 weeks. Go hard or go home.

@ThorTrades8 @stayloudio gg sir , $LOUD will do great

I am currently in the Top1000 @stayloudio Please keep me there by a comment, a like, a bookmark whatever. 🙌 Thank you in advance. $LOUD will print - stay loudio

The home of onchain ticketing is here. OPEN Ticketing is rolling out live tickets minted on Sophon with over 20M+ tickets to bring onboard through an invisible crypto experience. Sports. Culture. Music. Festivals. Built on Sophon.

@onopenxyz @bookmyshow DAMN! You guys keep on delivering 🙌

🚀 Major Milestone for transparent ticketing! 🚀 We’re excited to announce that @bookmyshow has integrated with the API of the OPEN Ticketing Ecosystem, bringing their tickets to another level! This is a huge step towards transparent and honest ticketing, all fueled by the $OPN token. A key highlight of this integration: Visionair, a major client of BookMyShow, is currently distributing on-chain tickets for the Augmented Exhibition of Notre-Dame, now hosted in Hong Kong. A major leap forward for the future of ticketing—more to come! International trade war or not! 🚀 OPEN Ticketing 重大里程碑！ 🚀 我们很高兴宣布 BookMyShow 已集成 OPEN Ticketing 生态系统 API，将其门票上链！这标志着向透明、公正的票务迈出了重要一步，一切由 $OPN 代币驱动。 此次集成的一大亮点：BookMyShow 的重要客户 Visionair 目前正在分发 巴黎圣母院增强现实展览的上链门票，该展览目前正在香港举办。 票务行业的未来已来，更多精彩即将揭晓！

The burns are back 🔥

Forgotten Playland is officially LIVE! 🚀🎮🎉 Download NOW 👇 store.epicgames.com/en-US/p/forgot… After years of hard work and dedication, the game is finally ready for you to play! We can’t wait to hear what you think! Drop your first impressions below! 🔥

This is absolutely huge!

@onopenxyz @WeAreAzerion Impressive partnership! 🙌

@WeAreAzerion Sports & @onopenxyz Join Forces to Bring Football Fandom Onchain! As the legendary Johan Cruyff once said: "You have to shoot, otherwise you can’t score." Who should be next to join the movement? Tag your favorite club and let them know it’s time to go onchain! ⚽

BREAKING NEWS: CM dot com goes onchain “After eight years of steady progress towards setting a new ticketing standard, we’ve now taken a giant leap with unprecedented adoption. The acquisition of GUTS by CM is a milestone we’re incredibly proud of, clearing the path for exponential growth. By focusing on the distribution of our technology, we are ensuring that millions of mainstream concertgoers will experience the power of crypto—seamlessly and securely.” - Maarten Bloemers, CEO OPEN mirror.xyz/openticketing.…

If one of the smartest persons in the industry is telling you this, you probably really should take some time to look into @onopenxyz 👀 $OPN

Burn baby burn 🔥 $BEAM

@notsofast Me the day after I had Indian food

Want to earn a part of all @BuildOnBeam's investments? Be sure to grab yourself a node to earn a part of the transaction fees and all profits made with the treasury. Using the following link will give you a 5% discount: $BEAM $BEAMX nodes.onbeam.com/?ref=0xb576fe8…

While nothing is confirmed, the fact that a BookmyShow-hosted event showed up in the $OPN channel has me wondering: Is this just a coincidence, or the first sign of the 'biggest web3 onboarding deal to date'? I do know that you don't wanna fade @onopenxyz at just $24M mcap 📈

Now, think about @onopenxyz’s strengths: innovative tech solutions, seamless integrations, and a focus on next-gen experiences. If these two powerhouses were to team up, the potential for revolutionizing events and ticketing is off the charts. 🚀 $OPN #TicketingRevolution

🚨 Speculation time! 🚨 An event just popped up in the OPN Events Telegram channel: 👉 Notre Dame de Paris Augmented Exhibition The host? @bookmyshow Could this be a hint of a potential collaboration with @onopenxyz? Let’s dive in. 🧵 $OPN #TicketingRevolution