The next time someone says, 'But #btc     is too volatile.' Send them these two images and ask, 'Do you see volatility here?'

Then say this:
'Get out of the weeds, bro. Wealth, especially generational wealth, is not made in the weed.'

#stackharder

BREAKING: More than 150 CEOs and Canadian tech leaders have signed an open letter calling on the federal government to stop capital gains tax hikes announced in this week's budget.

Read the letter and add your name here: ProsperityForevEryGeneration.ca

Count on my support too, this will cripple innovation, hinder productivity and slow economic growth. We need to lower capital gains taxes, not increase them.

More technological job class destruction by the investor class.

Duncan Kinney Chris LaBossiere Ah.

So my 30 employee high-tech company, based in Edmonton, facilitating cutting edge research in multiple fields in scientific instructions across the world, is a parasitic mess?

Neat.

Every company is becoming a software company. Tech is not an 'industry' it's a transition and disruption which affects everything.

You simply can't extend Duncan's logic to anything which would leave Alberta with a globally competitive industry. Our kids and ideas would simply…

Start buying and saving in Bitcoin now and you will have a better chance buying a house. Stay in the Fiat system and it's hopeless because government can't stop printing money, debasing our currency, and taxing to deal with massive deficits.

Government. Ug.

News flash: most business owners don't have pension plans. What they have is a business that they were planning to sell when the time comes to retire. The capital gains hike is a direct attack on the retirements of those who spent their careers building the Canadian economy.

As we fight over the tax policy and WHO should carry the EXTRA load...

We forget the government could have just balanced the budget and NOT lose $40 Billion this year. #cdnpoli #Budget2024

This is where we are.

Because the money is broken and there is a resounding feeling of either desperation or hopelessness.

#Bitcoin fixes this.

Bad day for Entrepreneurship in Canada 🇨🇦👎. Capital gains tax rate is increasing from a 50% inclusion to 66%.

This increases the net capital gains tax rate from 27% to 36%...

Compared to the US which has a 20% capital gains tax rate (+ major incentives like QSBS)

In my…

Chris LaBossiere They might have targeted real estate with this and left productive aspects of the economy out of it

Today is a sad day for entrepreneurs in Canada, but more so a sad day for Canada in general. Innovation will inherently slowdown with increased tax. Choosing Canada to build new companies is no longer an option. It’s a gut punch to all those like me who moved home to build.

Agreed. Raising capital gains taxation will take a lot of capital from scale-up companies who could drive massive job growth and investment in Canada.

Losing IP could be an agravated consequence.

Knowledge economy companies are already having to sell IP to US companies.

💥

Seeing Natalie Brunell ⚡️ develop her understanding, then such an elegant way to communicate why #Bitcoin matters, has been amazing. She is so talented.

Her piece with Peter Schiff today was entertaining. But this conversation with Nikki Glaser was much more human and probably really…

Make sure you pay your taxes Monday.