On an issue like this, which doesn't involve the USA directly, I think even the allies could go their own way.
No they will follow the USA on it but if and when a crypto winter comes they will switch to cbdc.
To me we get 3-5 years here and it may turn really bad after that.
but I am fairly sure about the next 3-5 years.
which of course is a first for me.
I do not write about 3-5 years of goodness for crypto (crypto is the trumpeter's word not mine)
Ever so take it with a grain of salt or maybe a whole salt shaker.
Brilliant, @phil
A small correction...maybe 3-3.5 years...before the 'fear' of what comes next...the opposite wave of executive orders, maybe.
that said, i made the following conclusions for myself;
1. New pres does not care about bitcoin
per se2. Because of #1, I don't see a tax free bitcoin..not even a 1% chance.
3. Because of #2, a sell plan needs to be developed and executed within the next 3-3.5 years.
But, heck, i probably just sell some in a panic in 2026

When you (or other WO members) talk or worry about taxes on Bitcoin/crypto, there are always solutions to reduce them or even bring them down to 0% (or close).
-If your holdings/net worth are significant enough, consider changing your residency and moving to a more tax-friendly country.
-Of course, for those who are 'unlucky' enough to have U.S. citizenship, it's a bit more complicated but still possible from VHNWI+. For example, invest in Portugal or other countries offering citizenship within 1–5 years. You could also consider adding a second passport through a Citizenship by Investment (CBI) program (e.g., in the Caribbean or Turkey) or even in LATAM as a Plan B for a third passport. Eventually, you can renounce U.S. citizenship, and not be taxed anymore on your passport citizenship.
What I’m saying might seem extreme to some, but at a certain level of wealth, achieving tax freedom (and personal freedom) makes sense—especially if you feel concerned or annoyed by tax burdens. Of course, all of this comes with sacrifices (moving to another country, starting a new life, etc.). But life is always about choices; you can't have everything without sacrificing something in return.
Uncle Sam has already figured out a way to get their taxes should you decide to give up residency/renounce citizenship with an exit tax. They look at your assets and consider a paper disposal and then you owe that to us gov.