BCB Group - Press Coverage - Coindesk: Bitcoin’s Drop From Biden’s Proposed Tax Hikes Not Likely to Last, BCB CEO Says
- April 23, 2021
Coindesk: Bitcoin’s Drop From Biden’s Proposed Tax Hikes Not Likely to Last, BCB CEO Says
BCB’s Founder and CEO, Oliver von Landsberg-Sadie, spoke to Sebastian Sinclair at Coindesk about bitcoin’s slump by more than 8%, over a 24-hour period, a drop attributed to U.S. President Joe Biden’s proposed tax hike for capital gains on those earning above $1,000,000
“While the shock may be sustained in stock markets, the nature of cryptocurrency will see straight through this dip”
Oliver von Landsberg-Sadie
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