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T Mobile Bloomberg reports Michael Sailor strategy has met all the criteria and more to be added into the S&P 500 so this is the big news they supposed to been added this week potentially by tomorrow on Friday. If not the thirsty throwback Thursday. We shall soon find out next story of the day. This one is the five countries where crypto is surprisingly tax free this year in 2025. Start with the key takeaways. Cayman Islands. They have no income, capital gains or corporate tax. Ideal for crypto traders and funds. You have the uae, United Arab Emirates. Zero tax on all crypto activity across all the emirates, plus strong regulatory clarity. I believe that includes places, cities like Abu Dhabi, El Salvador. Thy savior nip an ator el matador. Bitcoin is legal tender with a full exemption and growing national adoption. And obviously they're the very first one to adopt bitcoin as legal tender. Mad love for bitcoin country. Next up, Germany. Hold crypto for 12 plus months, pay zero tax. That's pretty good. Rare for the EU country, correct? Most EU countries have the worst policies and taxes in the world. Just saying. Portugal, long term crypto gains remains tax free. Now, I don't know if this is still accurate. There were rumors it was once tax free and things have changed. So I need some boots on the ground to verify that one. If anyone here is in Portugal or know anyone taking advantage of those tax benefits, do let me know. So as crypto adoption explodes, so does the scrutiny from the tax authorities. However, not every country is clamping down. In fact, a few forward thinking jurisdictions are bucking the trend, offering complete tax freedom on crypto gains. And again, let's dive deeper into the Cayman Islands. If you're seeking a true digital asset tax safe zone, Cayman island should be at the top of the list. I don't know if I agree with that, but here we go. This classic offshore financial center imposes no personal income tax, capital gains tax or corporate tax. And yes, that includes cryptocurrencies. Whether you're trading bitcoin, holding long term or managing a D5 treasury, your gains stay untouched. And here's why I don't think it's the best option. You do have to re, I would assume renounce your if let's just hypothetically say you're a U. S. Citizen. Well, if you want to take advantage of living there tax free, you may have to become a Cayman island citizen and renounce your U. S. Citizenship or maybe have multiple citizenships. But it gets a little complex, if you know what I'm saying. And I'll circle back to why I brought that up in the first place. But here's a photo of The Cayman Islands obviously as beautiful as the Caribbean or all the Caribbean islands are beautiful. I've been to damn near everyone. I live in Puerto Rico. And next up, United Arab Emirates. I do know a lot of very wealthy people, including billionaires that choose to live there for the tax advantages. And also it's a crypto haven. So let's dive a little deeper into this one. Across all seven emirates including Dubai, Abu Dhabi, individuals pay zero tax on crypto trading, staking, mining or selling. Another advantage. I hear it's amongst the safest place to be. And we'll lead into a little later. What, why I brought that up. It's a full spectrum crypto tax haven with no personal income tax and no capital gains tax on digital assets. However, it is on the complete opposite side of the world. It's ultimately a new Las Vegas in the sense it was once a desert and now it's one of the most advanced infrastructures and places in the world. I've never been there, so I can't judge. Next up and I may be a little biased because I have been to El Salvador, but it should be number one on the list. I'm just saying. The bitcoin tax haven. Of all tax havens, El Salvador declared bitcoin legal tender back in 2021. Sending shock waves across the financial world. Fast forward this year, the small Central American nation still ranks amongst the most radical bitcoin tax havens on the planet. And let's not forget the safest country in the Western hemisphere. Take that evildoers. Thanks to the digital asset law, there's zero capital gains or income tax on bitcoin transactions, whether you're trading, holding or spending on lightning wallets. And it is one of the few crypto tax free countries in 2025. And we should say bitcoin tax free, right? Just keep it 100 where that promises still hold, especially for the long term investors. Remember El Salvador is building a bitcoin city, the citadel of all citadels. The geothermal powered crypto metropolis with no income, property or capital gains taxes. You can't be that an emergent tax free crypto zone designed for the miners. The not those miners, Peter Schiff startups and digital nomads alike. Now for those seeking to live tax free with bitcoin while staying plugged into the forward looking ecosystem, there ain't a better option for you. And that's bitcoin country. And you can see the proposed plan for the building of bitcoin country, the future bitcoin citadel. And I should say Bitcoin city. Because obviously that's bitcoin city. But anyways. Next up, Germany, one of the only crypto friendly countries in the eu. Believe it or not, Germany may now scream tax haven. But for the long term crypto hodlers it is quietly one of the most crypto friendly countries of the year. Why? If you hold your Bitcoin for 12 months or more, any sales, swap or even everyday use is completely tax free. That's how it should be and I think it would just encourage people to hold anyways, I think they should do that in the US HODL for four years or longer. One traditional cycle, pay no taxes. Everyone will have diamond hands. Just saying. Even Peter Schiff might grow a pair of diamond. Yeah, I mean now still a strong contender. Portugal, let's dive a little deeper. For assets held longer than one year, crypto capital gains are fully exempt, making it one of the top crypto tax free jurisdictions in Europe. And now as a bonus, let's discuss Puerto Rico and why it's so relevant. Well number one, I live here and I have experience. Number two, we just got the Nipinator indicator. And number three, it's a part of the United States though it's a commonwealth. So what does all this mean? It means you can be a US citizen, come to this island, make it your primary residence and you can benefit from two massive tax advantages. Number one, zero capital gains tax on all investments, including bitcoin, including all of crypto, including real estate, including all passive investments. So it's like the ultimate, you know, crypto tax haven for U.S. residents. You don't have to denounce your residency with the US Get a new residency and you don't even need a passport. You can just buy a plane ticket for 200 bucks, come travel here, check it out firsthand and take advantage if you the caveat, it has to be your primary residence, meaning you have to spend six months out of the year here in order to qualify for the Act 60 tax benefits, which you can apply for. Now the other tax advantage, if you qualify and you make this your primary residence, zero federal income taxes. So like in Florida, for my business I'd pay anywhere from 30 to 35 in taxes on profits at the end of the year. Well here it's a 4% local tax. There's no federal income tax. That's my understanding of it. I am not a tax professional, I don't give tax advice. This entire stream is for entertainment purposes only. But if you're looking to save more money and pay the government less and you may believe that taxation is theft. Look into Puerto Rico, look into El Salvador and the options we just expressed. All right fam. Next story of the day Bitcoin firm River says businesses put 22% of their profits into the BTC. That's right, of River's client based real estate firms have been the biggest adopters with nearly 15% reinvest in profits into the BTC, while hospitality, finance and software sectors allocate between 8 and 10%, River Research analyst Sam Baker said. Even fitness studios, painting, roofing companies, religious non profits are amongst the adopters as outlined right here. The data don't lie, baker said. Businesses like these have quietly acquired 84000 Bitcoin in this year, a sizable stash representing about a quarter of the holdings of institutional fund managers and corporate Bitcoin treasuries have accumulated. And while Bitcoin treasury companies have captured most of the media spotlight, what is often overlooked is adoption by conventional businesses that use Bitcoin to complement their existing business models, Baker said improvements in Bitcoin's accounting standards, regulatory clarity, increasing institutional acceptance and strong bull market have created the ideal conditions for the widespread adoption we witness today. And as you can see here, the largest buyers of Bitcoin in 2025, its funds and ETFs with 338,000plus BTC, Bitcoin treasury companies with 330,000 BTC and conventional businesses with 84,000plus BTC business and institutional business adoption has been one of the biggest catalysts behind the Bitcoin bull run to the new all time high of 124 which we witnessed couple of weeks back. There have been periods where Bitcoin ETF fun issuers scooped up 10 times more than the Bitcoin that the miners were able to produce, pushing the price up. That's right. In contrast significantly with the 20202021 bull cycle where the businesses largely sat on the sidelines as Bitcoin top 69 GS mostly on the retail hype, Baker noted 75% of the businesses it serves have 50 employees or fewer. Arguing it's the small companies will have the easier time adopting Bitcoin as fewer hurdles are involved. On the other hand, the larger companies with committee based decision making are more inclined to follow the norms and avoid the controversy quoting them here. Even if a CEO or CFO is personally convinced of Bitcoin's long term value, they are unlikely to advocate for adoption unless peer companies have already done so and a great example is like Microsoft, there were some people like proposing they adopt bitcoin. But there's all the shenanigans in the board and certain people are like no, we just want to do the fiat with the lizard folk. We're not bitcoiners. And so it was just more politics. However, river found that over 40 of the businesses allocate between 1 and 10 of the Bitcoin, while only 10 invest more than half of their net income in the crypto. Smaller companies bitcoin buys are quite small, less than 10 GS. Last week, Rhode island based Western Main Self Storage added 0.088 bitcoin worth $9,830 in a single purchase, bringing their total holdings to 0.43 bitcoin. And it's just a great example. You don't have to be a Mikey Sailor Strategy Holding 700000 Bitcoin on the balance sheet we're not all created equal for Christ's sake. Maybe we are in God's image. We are created equal, but our finances are not all equal. Created equal. So even if you can stash a quarter of a Bitcoin here, a half a Bitcoin there, some bitcoin's better than no bitcoin. Because if you have zero bitcoin, you're not going to be able to exit the fiat apocalypse, better known as the Matrix because tickets to escape the Matrix are priced in btc. Can I get name in all right, fam. Next Story of the day US Fed to hold conference on Digital assets amid challenges to leadership that's right, US Fed board has scheduled a conference to discuss topics related to payment, including stable coins and tokenization in a Wednesday notice. And no Chuck E. Cheese coins, by the way, The Fed said Oct. 21 conference would add emerging stablecoin use cases and business models, as well as tokenization of financial products and services as part of the efforts to innovate U.S. payment systems. Though the announcement came from the entire Fed board, Governor Christopher Waller, not to be mistaken with Christopher Wallace, rest in peace. Biggie rather than jpal, provided the comments on the event, quoting them here. Innovation has been a constant in payments to meet the changing needs of consumers and businesses. I look forward to examining the opportunities and challenges of new technologies, bringing together ideas of how to improve the safety and efficiency of payments, and hearing from those helping to shape the future of payments. The exploration of stablecoin use cases was likely a nod of the passage of the Genius act in July. The bill establishing a framework for payment stablecoins requires the US treasury and Fed to issue regulations before implementation. The conference was announced amid widespread concerns about the Fed's independence as Trump attempts to fire governor Lisa Cook over claims of mortgage fraud. Take that, Lisa. You're fired. Cook said she would not step down and filed a lawsuit to block Trump's actions. And about 600 economists penned an open letter on Tuesday reminding the administration that no governor should be removed absent a clear, documented for cause basis that would withstand judicial scrutiny, warning of challenges to the Fed's independence. Weakening that standard increases monetary policy uncertainty, forcing markets to price political risk and interest rates, raising those rates and costs for families and businesses. Elected officials should refrain from the rhetoric or actions that erode the Fed's independence. I mean, there you have it. And though Cook's case is still moving through the US courts, many legal experts have already weighed in on the matter since Trump repeatedly signaled his wish to remove Powell before his term expires in 2026. Now go get your shine box J Pal, you're fired Now. An earlier Supreme Court opinion expanded presidential powers over agencies previously considered independent from the presidency, but said the Fed was a uniquely structured quasi private entity, precisely signaling that any removal of his leadership had to be for cause. And there you have it, y'. All. And you know there's nothing federal about the Federal Reserve, so obviously they don't take orders from nobody. So let's see how that fares out with this Lisa Cook lady. And J Pal, all I know is there's one Fed chair and his name is Nipinator. He'll keep you a Nipa. Nate. Next story of the day fam trunk backed American Bitcoin ends choppy Nasdaq debut up 16 Go Trump. American Bitcoin crypto mining company linked to the Trump fam ended its choppy first day on the Nasdaq up 16, adding millions to the US's first family's wealth. The company, backed by U S President Trump's son Eric and Donald Trump Jr. Went public after merging with the existing bitcoin mining company Gryphon Digital Mining in early trading Wednesday. American Bitcoin Ticker A B T C shut up 91% from Griffin's Tuesday closing price of $6.90 to a peak of $13.20 before falling by half to an afternoon low of $6.72. The Nasdaq halted the trading of the American Bitcoin shares five times throughout the day. I hate when they do that in the stock market. Why they halt that due to the volatility, but it ended the day's session up. It must mean some form of manipulation. Correct me if I'm wrong, I'm not the same stock guy, but it always trips me out when they do that. Up 16.5% at just over $8, climbing over 5% after hours to $845 now. American Bitcoin is the Trump family's latest addition to the growing crypto portfolio, joining a trend of public companies that have joined the sector by going public or switching to focus on buying crypto. Eric Trump, American Bitcoin's co founder and strategy T chief, shared on Wednesday his company's public launch was an unbelievable day. Had a lot of hard work that's finally come to fruition. He added that he started the business after owning bitcoin for several years and seeing how much has been being embraced globally. The floodgates are just starting to open. That's right. Nip andator opened them up so it's kind of a perfect time The US rose to second place on Chainalysis Crypto Adoption Index, which was released on Wednesday, the analytics firm citing President Trump's crypto friendly policies as a major driver. Eric Trump swatted away concern concerns that the venture could be seen as profiting from his father's crypto friendly policies, saying criticism was totally illegitimate. I got into the business because I was a legitimately debanked from every financial platform in the country, he claimed. My father has nothing to do with this business. He added that President Trump has always been a proponent of crypto. That's which probably helped him get elected. No, he became a proponent when he ran his second term. Prior he said Bitcoin is a direct competition with the US dollar. Therefore he didn't like bitcoin because it undermines the value of the dollar. That was his old stance. Then he switched the stance when Janet Yellen was constipated with a bananas in her pants. That's just how it goes now. Eric Trump said the firm would both mine and buy bitcoin, switching between the strategies to whichever is better at the time. There's only a certain amount of bitcoin that is mined every day. That's right. Think it's 450. We're going to harness that to the absolute fullest. At the same time we can be creative, we can go out and we can purchase bitcoin, hold down the treasury and again allow the mining to dollar cost average down. We're going to be implementing both strategies, whichever is best for the shareholder value. Obviously what we're going to prioritize. The company currently owns 2443BTZ, the 25th largest holding amongst public companies. And Bitcoin, as you know, is currently sitting at around 110. We're testing the 110 support, support live and in the flesh. American Bitcoin is a Trump's family second crypto venture. You also know they're involved with World Liberty Financial, wlfi, they have their own native token and all that kind of stuff. It's a D5 platform. President Trump and his son Eric and Donald Jr. And even Baron were all named in the project. And we all know give our kudos to Baron. He's the time traveler of the family and a company tied to them receives most of the revenue it generates. The company also owns nearly a quarter of all WLFI, worth almost 5 billion. And as for Eric Trump, Bloomberg estimated that his roughly 7 1/2% stake in American Bitcoin is worth 548 million. Not too shabby. He asked. What is the stake? That we are incredibly fortunate in life with or without this endeavor. Now for our feature story of the day. Hedge fund billionaire the one and only Ray Dalio says Bitcoin could replace the US Dollar. That's right. Hedge fund billionaire Ray Dalio's recent remark on the weakening fiat and strengthening fixed supply assets had brought major attention to the bitcoin price prediction. In a recent Financial Times interview, Ray Dalio outlined why the US dollar is a weakening and assets like the gold and cryptos could become attractive alternatives. No, they are attractive alternatives obviously. He emphasized the US is increasing debt burdens now about 1 trillion annually and added they threaten major reserve currency currencies. He said crypto is now an alternative currency that has a limited supply. So all things being equal, if the supply of the dollar money rises and or the demand for it falls, that would make crypto an attractive alternative currency. Precisely what bitcoin is. Tickets to escape the matrix are priced in bitcoin. Not all cryptocurrencies have a fixed supply, but Bitcoin does, capped at 21 million. This limited supply makes it a strong alternative to the dollar. Everything's a strong alternative to the dollar. Just saying major players already showing interest and their growing demand could push the bitty demand even higher. Can we get much higher? Diversification creates infrastructure opportunities that didn't exist when the crypto is just digital money or speculating trading, speculative trading. Moreover, investors are beginning to favor the projects that offer the long term infrastructure. All I got to say is focus all of your Energy on bitcoin with the laser eyes. If you got these billionaire hedge fund, you know, legends talking that bitcoin's going to replace the dollar, clearly they know something a lot of these other fund managers and financial analysts have no clue about. Just such as the Jimbo Kramers and all the lizard folk brought to you by Jeffrey Epstein's client list. But with all that being shared, I want to know if you agree or disagree with Mr. Ray Dalio that eventually bitcoin will replace the dollar as a world reserve currency. Because there is no second best. For the first time in human history we have the creation of perfect money. Thanks to God and Satoshi and Fed Chairman Nipinator. It's never existed before. Every currency we've ever used they could devalue by finding more or printing more of the US dollar is just a great example of that. The death of the dollar is happening in real time. And when the dollar collapses, bitcoin hyper bitcoinization sensation, it's coming. And those crazy 2.2 million targets you hear me talking about quoting Max Kaiser. That's when those babies come true. Those omega candles prophesied by Jan.3 Samson Mao. Hundred thousand dollar daily candles, that's when that comes true. Yeah, I mean million dollars in play. Maybe not today but it's happening Captain. And it's according to the Fed chair Nipinators indicator. The only bitcoin indicator with 100 accuracy. And there you have it. Welcome everyone to the Q A segment of the live stream. Let me know your thoughts on the bullish prediction from Ray Dalio. Why was bitcoin created in the first place? To circumvent the evil corrupt lizard folks. Government issued fiat bond central bank's market control and they're in probably to tame it or try to vein. I'll be honest, I don't think it'll happen. Anytime with bitcoin will pass the gold. Although. Nice share jv. Thank you Chandy. Perfect money. Exactly. Perfect dollar. What's the opposite of perfect? Flawed. Flawed money. Yeah, I mean gold for example. Find more in the earth there's physicists recently declared they figured out how to transmute lead into gold. That was a mainstream article. So if they can turn lead into gold, how scarce is gold? I want to challenge the entire, you know, precious metal market. Diamonds, I think all of the oil, I think they control these markets to make it seem like there's true scarcity when the scarcity is not scarce at all. Like I believe there's infinite oil, the earth produces it. Like we produce blood in our veins. It doesn't come from the dinosaurs. It's fossil fuels. Jb The T. Rex became extinct and created oil, okay? And the Earth is spinning at a thousand miles an hour through infinite space. And Katy Perry really went to space with Bezos is. I don't know what to call her. The plastic surgery lady. And don't forget to check out bitcoin newsalerts.net for the full premium experience with video and to participate in the live stream along with the Q and A. And I look forward to seeing you on tomorrow's episode, Hoddle.
