Interstellar Bitcoin

Exclusive footage of what is going on inside every central bank right now

@MartyBent @BTCYN Offices are open again in Dubai Business as usual

Calling a complete cease fire and open strait by the end of the day.

@bowtiedstocks 1. Buy the generational top with 5% deposit 2. Watch as your house/apartment goes deep negative equity

Many recent purchasers are about to be financially wiped out

@Silverback_MD Buy Bitcoin

lol My mates and I are doctors in our 20s/30s/40s starting off our careers. Absolutely everyone is gobsmacked at the budget changes. Genuinely feels like our generation will get punished for working smart or hard. None of us own investment properties yet - what’s the point now? How do we get ahead now? What was the financial incentive to sacrifice our 20s to train? It feels like all the worst aspects of communism with none of the benefits….. No incentivised housing/travel/childcare for doctors No one in my group is having kids Yet our alcoholic patients are on their 4th or 5th - supported via government programs What a joke Speedrunning civilisational demise

@spoonmvn Same, but I only left in 2024

I miss my country so much, but there's not a single day that passes that I'm not confident I did the right thing by leaving. In a couple months it will be 5 years since I paid even one dollar of tax to the Australian government, and they deserve less than that.

@rationalaussie Hahaha

It's One Nation or no nation at this point.

It’s time for WA to become a tax free republic It would be like north and South Korea after 20 years.

@clairlemon Left in 2024 🫡

Is there an official Exit Australia movement? I.e. with meet-ups in Syd / Melb for founders, etc?

At what point does it become a moral obligation to stop paying taxes?

🪦

@PaulBassat Gov just can’t stop spending Top tax bracket was 5x higher adjusted for money supply in 2000 compared to today Personally left for Dubai in 2024

Yesterday’s Federal Budget was framed around fairness and intergenerational equity. That is a premise all of us should agree with. Younger Australians are being disadvantaged in many different ways: housing costs continue to spiral faster than incomes are growing, productivity growth is anaemic, and the next generation is set to inherit a debt burden it will have to repay. The reality of the Budget is something quite different. It significantly increased the tax burden on Australians trying to build businesses and create wealth for their families, their team members, and the country. That burden will fall disproportionately on younger Australians, because they are the ones starting and building those businesses over the next decade. On the other side of the ledger, very little has been offered in return. Ending negative gearing on residential property may dampen price growth, but on the Government’s own numbers the Budget will deliver very few new homes. Supply is the root cause of the housing crisis, and the Budget does not seriously address it. For startup founders, their teams, and small business owners, this Budget is a serious setback — and that cohort is disproportionately young. Incentives matter. Rules drive behaviour and behaviour drives culture. This Budget changes the rules in ways that will damage the economy and the future prosperity of Australians. Australia will be taxing capital gains at a higher rate than virtually any other developed country in the world. Our nearest developed neighbours Singapore and NZ tax capital gains at zero. We might accept the sacrifice if it delivered us something. It hasn’t. The Budget will do almost nothing to create future prosperity and nothing to improve fairness. As a country, it is time to grow the size of the pie rather than simultaneously shrink it and fight over the slices. The one genuine positive is the Government’s stated willingness to engage with the startup community on the doubling of CGT for founders and employees. The startup ecosystem will engage in good faith. The test now is whether the Government will too.

@StackSatsIO @Conza I’d rather make it easier for aussies to have kids than import other people’s

@InterstellarBit @Conza Then let’s force the state sanctioned banks to give 0% interest loans after that to match your vision. Certain to work!

@StackSatsIO @Conza 🤣

@Conza Starting with ending RBA would be a good first step

@InterstellarBit You want more socialism? *slow clap* You misspelt abolish income tax, stamp duty, capital gains, FRB, end the RBA etc.

@matt_barrie We should just delete income tax

Government runs money printer at ~$75b. Incremental new mortgage issuance ~$150b => Broad money in circulation increases $250b Which a ~11% increase, entirely the fault of govt Government reckons inflation 2.5-4.6% and now taxes you on the difference.

@rationalaussie Left for Dubai in 2024 Who knows, might come back one day, but only once I’m already wealthy

I've never really taken the idea of leaving this country seriously, largely because aesthetically it's such a beautiful place. But this budget is so horrendous, and so demoralising, that staying in Australia just doesn't seem tenable for any serious professional.

@OwenRask Bring back the good old days

Honestly, I’m just sad. Crushing people with taxes is just… wrong. Dont we *want* Australia to lead the world in technology, healthcare, agriculture and so on? Dont we *want * that for our children? Don’t we want to foster innovation? This budget also crushes builders and trades (and therefore first home buyers or anyone trying to rent) and will eventually force many more people into social housing or homelessness.

@GeoffWilsonWAM @cjoye @tempocap2 Left in 2024

@cjoye @tempocap2 They will leave Australia. Capital is mobile not like 1999

Where will ambitious, high growth Aussie businesses/investors move to once Labor's doubling of the capital gains tax rate from 23.5% to 46-47% on all assets/businesses come into play? This is what ChatGPT offered...

@w_s_bitcoin I recently re-read when money dies on German hyperinflation Surreal the parallels today in many ways

I think about the hyperinflation of the Venezuelan bolívar often.

@BitcoinAnja Left in 2024

Is anyone actually looking forward to Tuesday’s Australian Budget, or are we collectively bracing for impact?

@kit_sats No such thing

be honest… are you overexposed to bitcoin right now?