The Czech Republic recently made headlines when its Parliament overwhelmingly voted to exempt capital gains from Bitcoin and other crypto-asset sales from personal income tax—provided they're held for more than three years and meet certain income thresholds. This is not an isolated event; countries like Switzerland, Singapore, and El Salvador have long recognized that zero or minimal capital gains taxation on Bitcoin can help spur adoption, financial innovation, and consumer confidence.
As John F. Kennedy famously said, 'A rising tide lifts all boats.' If we apply that logic to economic growth through Bitcoin, the tide is global—and it's rising fast. In a sea awash with global liquidity and debt, America's economic ship must navigate these digital currents. The policy choices of these nations—and their citizens' increasing prosperity—send a powerful signal: The U.S. can and should leverage Bitcoin as a tool for growth, not burden it with outdated taxation models.
President Trump himself has indicated a willingness to rethink Bitcoin taxation. 'They have them paying tax on crypto, and I don't think that's right,' he said in a recent interview.
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