Market Report: Bitcoin Tax Haven, Fortnite vs Apple
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 24 September 2021
⏱️ 13 minutes
🧾️ Download transcript
Summary
In this Market Report we talked about Apple’s fight vs Fortnite and El Salvador’s plan to me crypto taxes exempt for foreigners. #bitcoin #apple #elsalvador
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Transcript
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| 0:00.0 | I want to start off off the rip with El Salvador. |
| 0:03.3 | So I actually put this on Instagram or any of these Instagram |
| 0:07.2 | page last week that El Salvador was the first country to recognize |
| 0:11.9 | Bitcoin as a national currency. |
| 0:17.4 | So now I believe the president is saying that they're going to have |
| 0:23.6 | an exemption for foreign investors when it comes to their |
| 0:28.4 | Bitcoin tax, so any tax on profit gains. |
| 0:33.3 | So is this, is he just trying to just, you know, I'm saying, |
| 0:38.6 | get some, get some cloud. |
| 0:40.2 | Is this like just a cloud chasing on a high level or is it like |
| 0:43.4 | something that's really going to make people go to El Salvador? |
| 0:46.9 | Yeah, new box. |
| 0:47.9 | Yeah, when when I read the article, the first thing I thought was |
| 0:50.6 | like, came in Ireland, like every, that's when we everything in |
| 0:54.1 | wrap was like, yeah, we go, how money on the |
| 0:55.9 | way we had in our money. |
| 0:58.1 | And so I was like, well, it's going to be the new came in |
| 0:59.8 | out. But to me, it was like, yeah, it was just a new incentive |
| 1:02.8 | program. Like, how, what can we do to have people invest in, |
| 1:07.8 | if you're, if you're in Bitcoin, like if you're in cryptocurrency, |
| 1:11.1 | like, I get it. |
| 1:12.7 | It kind of makes perfect sense, right? |
... |
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