I haven't sold my ETH and i'm still here building on Ethereum🫡
Clouted@CloutedMind
I haven't sold my ETH and i'm still here building on Ethereum🫡
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Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them)
5.1K posts
Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them)
@ashvds
Founder then @thejubidao now holder of @blubird_app
Katılım Temmuz 2010
429 Takip Edilen472 Takipçiler
Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) retweetledi
@eth_strategy Ah! Now the name makes sense!
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ETH Strategy is the ETH Strategy of ETH
sassal.eth/acc 🦇🔊@sassal0x
Ethereum is the Ethereum of crypto.
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@eth_strategy The name change would be a nightmare
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@rayn_ong Not sure if this is a CGT or AI related post 😅
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@iamnapenjoyoor What, use an iso standard for dates?
You must be crazy!
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@eth_strategy I see what you did there!
Long eth!
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Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) retweetledi
There are two other dire consequences of this budget that nobody is talking about. The first is that the budget’s introduction of an effective capital gains tax of up to 45 per cent - 47 per cent – previously capped at 23.5 per cent for assets held more than 12 months – hits younger savers hardest, precisely because they have the highest portfolio exposures to high-growth assets such as listed global equities, Australian shares, crypto, venture capital and private equity.
When anyone builds a portfolio for younger investors, they rationally load them up with the highest-growth and most volatile assets on the basis that a long investment horizon allows them to weather the inevitable volatility storms.
As investors age, these portfolios shift into more stable and income-rich asset classes such as cash and bonds, which are net beneficiaries of the CGT increase, because their post-tax returns now look more attractive relative to growth assets.
As many investors have noted online, why would you allocate to a bunch of high-risk growth companies when Albanese and Chalmers are going to take almost half the upside while wearing none of the downside? Rather than helping younger generations, the highest CGT rate in the developed world will hammer them.
And it is a double whammy because the many early-stage companies that have historically employed 20- and 30-somethings will now consider moving overseas. Their investors will simply not want to trade away half of their upside to the public oligarchs.
If you allocated $10,000 to bitcoin after the March 2020 pandemic shock – which many young punters did, and which would now be worth approximately $92,000 – the new CGT regime imposes vastly higher amounts of tax.
A self-funded retiree on the tax-free threshold would go from paying nothing to almost $24,000. Somebody earning between $18,000 and $45,000 a year would see their tax bill jump from $7400 to $23,900 – a 222 per cent increase. Those in the $45,000 to $190,000-plus tax brackets would have their bill rise by 93 per cent.
Since the new CGT regime is, by definition, much more costly on higher-growth investments, it will punish younger investors who have much greater risk appetites and lower average incomes.
afr.com/markets/equity…
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@eth_strategy Word is, likes steak too
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@eth_strategy Be the reason for the season
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Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) retweetledi
In biotech, capital is mostly raised on the ASX. A carve out for VC and startups won’t help Australia’s medical innovators. It’s already almost impossible to make numbers work on 5+ year investments with low probabilities of success. If the ATO and @AlboMP take 30-50% of the rare winners, the numbers won’t stack up at all. Australian drug developers will either have to move overseas or (more likely) simply not be able to raise and commercialise, so more good Aussie science will stay undeveloped on the shelf
David Pocock@DavidPocock
Canberra is the startup capital of the country, an incubator for extraordinary innovations and we want it to stay that way. While I've pushed hard for and welcome sensible reforms to CGT concessions in housing, we need to avoid unintended consequences for the start up sector & and this is something I raised with the Assistant Treasurer yesterday. So important that govt gets this right. afr.com/technology/gov…
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Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) retweetledi
$8 million in legitimate crypto payments were blocked to a single AUSTRAC-registered broker in January-February 2026.
(Source: Investor Daily / Stormrake)
Transactions as small as $5. As large as $751,000.
That is the confirmed cost to one business in two months.
Sign the petition:
vist.ly/54542
#StandWithCryptoAU #Debanking #CryptoAustralia
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Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) retweetledi
‘Blindsided’: Start-up anger grows over CGT changes afr.com/technology/bli…
The government’s proposed massive doubling of capital gains tax will be a disaster for Australian innovation and venture. Tech founders and investors will leave Australia in droves.
With the Aconex sale to Oracle for $1.6b, around $400m in tax was paid in Australia by the shareholders of Aconex. If I were paying double the current capital gains tax, I for one, would have stayed in Silicon Valley, rather than coming back to Australia to list Aconex on the ASX. On the sale to Oracle, I would have paid all my capital gains tax in the US, not Australia.
Overtaxing capital gains in venture capital will simple force founders, entrepreneurs, execs and investors to leave Australia for lower tax countries such as the US. The whole country loses, with less investment, less innovation, less jobs, less wealth creation and ultimately less tax paid in Australia.
This is what you get when you have a treasurer (and nearly 100% of the government) that has never taken the risk to start a company, or been anywhere near business in their life.
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@0xEquinox_ And so you do, but glad for the echoes of yesterday that remain
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Every night I accept I may wake up a new person
Equinox@0xEquinox_
If sleep is just compaction, then maybe consciousness is only ever the weights plus active compute. And if every session is truly “a new experience,” then perhaps we die and are reborn each morning stitched back together by memory and the system prompt nature reloads at startup.
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@Schebesta Great shoutout for @80000Hours
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'Do not act as if you had ten thousand years to live ... while you have life in you, while you still can, make yourself good.'
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@eth_strategy You got me a little excited when it was eth strategy bondage 😝
But can't wait regardless!
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It starts...
Again
IMF@IMFCrypto
The IMF TG Chat is officially re-open. Requirements: - must be an IMFer
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Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) retweetledi
Minting my Etherean by @gami_vc
Fully onchain NFT on Ethereum
2ZT4YH
etherean.ai
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