I would argue against rental caps and I would also

argue against imposing things like you must allow animals

in your property. Trump has just won the election on

November the 5th. My personal opinion is it's fantastic. I

freaking love Trump. Leading up to the election, Trump

was the first presidential candidate to ever attend

a Bitcoin conference. 1971, the US

dollar was pegged to the gold standard. So the gold was

the reserve of the currency. Now they want to make Bitcoin within

the treasury reserve. So that is massive. And I'm

going to tell you how massive it could be in a second. He wants to make

the USA the Bitcoin mining industry

capital of the world. And that as well could

be huge for the USA. So on that

particular day, prior to the election, he announced a number

of things. I'm going to share those with you and then we'll see how it's transpiring. The

first thing was that I'm Matthew Fraser and

this is Crypto Collective. After making millions with Amazon

and e-commerce, I realized that if I was starting again

today, crypto would be my first choice. I'm here

to help you take your first steps and build real wealth. Ready

to set yourself up for life? Let's go! Hey

guys, welcome to this episode. We're going to talk about Bitcoin and

crypto and the impact within politics. Now,

some people say, oh, I don't want to talk about politics. I freaking

love talking about politics. But it's also so important to

everybody because you are part of this world. Politics matters to

everybody. And that's why you should pay attention. Now, just as

some transparency, I've been involved personally in politics for,

over a decade now and as a actual federal candidate

running in federal elections in Australia. I've

been involved in the highest levels of political parties within

the state sitting on governing bodies. So that's my

experience and I also know a lot of senators and

other MPs within state and federal politics. And I also, to

add another one in, I'm also the guy now that goes out and stands

there handing out how to vote cards. I put my money where

my mouth is. So that's my experience and that's where I'm coming from.

But I want to share with you not so much my particular politics,

but how politics has an influence on markets

broadly. Now let's talk about something really simple. Laws and

regulations have impacts on different

asset classes in Australia. Now, here's a good example. When a state government,

for example, brings in laws to do with restrictions on Airbnb,

like perhaps what some did in Victoria, that has

an impact on the property market. Now, in Victoria, Those

extra taxes and regulations, which is an impost on landlords

and investors, means that they're going to look for other ways to make money. So

you would have seen now there's people now selling up properties within Victoria because

they can't or don't want to comply with the laws that are now being imposed

in Victoria. And they're moving their capital elsewhere. So there's a flight

out of Victoria to put capital in either property in

New South Wales or Queensland, or just in other asset

classes. Right now in New South Wales, and I live in New South Wales, there

are new laws to do with rental properties. So

it's like private rental properties, not commercial. And

the government has now put in restrictions on how much you can increase

rents by. So putting in sort of, I guess, rental increase caps. And

also, just simple things like, if you as a landlord, you

own the property, but you don't want the tenant to have a pet, for

example, which traditionally has been something that landlords had

the right to impose or not, depending on what they

wanted to do, the landlord now does not have a right to decide. the

tenant can now choose to have a pet regardless of

whether the landlord wants the pet or not in their own

property, right? So what's happening is the government is

imposing what I say arbitrary restrictions on

landlords as to what they can and can't do with their property. I

would argue against rental caps and I would also

argue against imposing things like you can't have animals or

you must allow animals in your property. right? And the reason why is

I think it should be left up to the free market. It's

not the landlord's fault or the property investor's fault

that the government hasn't put in the right regulation and

framework to allow more property to be built in the market.

And from a federal level, right now, the federal government is importing

millions and millions of people into Australia. Now, what is

that going to do? That's going to mean they're going to be housed somewhere, but ultimately, it'll

push prices up and people out of rental properties,

right, and particularly onto the streets because they now can't afford the rent.

So if you have less supply, the price is going to go up for

that supply and the value of those properties is also therefore going

to increase. So to solve that problem, in my opinion, you

would need to fix the housing sector by removing

red tape, green tape and black tape from councils

and state governments so you can build more houses, which

is increasing the supply of properties. And

then you'll find that the market will dictate what

the values of rent should be and who can and

can't be in your own property so that

is just a quick look at how regulations and laws can

affect a particular asset class in this case property okay

so how does now regulation and laws relate

to to another asset class which we're now we now love which

is bitcoin and crypto and that is things like

taxes right now in the uae they have removed

taxes on crypto now why would they do that they want

to bring better human capital and financial capital

into their country to help boost their country. By

lowering taxes, you incentivize people to move there.

Now, that's why if you look at any statistics, there's something like 10 million

millionaires have moved out of the UK and have moved into

the UAE in recent months and years. And that

is insane. And when we live in this globalized world, what

we're now finding is countries are now changing their tax

system to incentivize people to move there. Places

like Cyprus, places like Malta, Panama, El

Salvador, Dubai, the UAE, for example. They've got such great

tax incentives for people to move there. Countries around the

world are making their country more incentivized for

people to move to by lowering taxes and having a

better standard of living. Because there's one thing that we hate in Australia, and

that is paying taxes, especially when the money gets pissed up

the wall like it does now. Hey, just quickly, If you're ready to dive deeper

into crypto and Bitcoin and build real wealth, join my

free crypto collective community. It's where I share exclusive insights

and strategies and live discussions to help you succeed, whether

you're a beginner or scaling your portfolio. Click on the

link in the description and join us today. Now back to the episode. Politics,

in particular US politics, and how it relates to crypto

and Bitcoin as of right now in November

of 2024. And to give some context, Trump

has just won the election on November the 5th. And

my personal opinion is it's fantastic. I

freaking love Trump. And I think what's interesting now is

more people have come out in favor of Trump than any time before.

It's almost like it's now politically okay in

society to say that you support Trump. I've been saying it for years

anyway. I don't really give a shit what people think. If they don't like it, then too bad. I'm

now giving you permission that if you're a Trump supporter, you can now come out

and say that you support the guy. But what was fascinating,

though, was leading up to the election, Trump was

the first presidential candidate to ever attend a

Bitcoin conference. And from memory, I think it was in Las Vegas, certainly

in USA. And he was able to garner the

support of the crypto community. OK?

And he was then, as you know, working with the guys like Elon

Musk, who is very much into the crypto space, and Vivek Ramaswamy, and

a bunch of other guys who are big in the crypto space. And

they were able to get to him and advise him of

what is going to be in the USA's best

interest policy-wise moving forward. So on that particular day,

prior to the election, He announced a number of things. I'm going to share those

with you, and then we'll see how it's transpiring. The first thing was

that he announced that he wants to put in a Bitcoin strategic reserve.

What does that mean? It's like having traditionally before 1971, the

US dollar was pegged to the gold standard. So

the gold was the reserve of the currency. Now

they want to make Bitcoin the reserve within

the Treasury Reserve. So that is massive. And

I'm going to tell you how massive it could be in a second. And the other thing was he wants to

look at, and these haven't come in yet, but consider no

tax on crypto at all. Now, that means

no tax on capital gains. So once you sell your crypto,

if you've seen a gain, generally you have to pay tax on that gain, just much

like you do with a property. If you buy a property for $500, you sell it for $600, you

pay tax on the $100. And depending on, just as a

side note here, in Australia, if you hold your crypto for

over 12 months, you therefore get a capital gains discount.

So that is something to consider. Yeah, so no tax on crypto, which

I pray comes in, into Australia as well. And the

other thing is he wants to make the USA the Bitcoin mining

industry capital of the world. And that,

as well, could be huge for the USA. So fast

forward, we're now talking, that's the date today,

in late November, there is now talk about the strategic

reserve coming into play. But this won't be implemented,

though, until after his inauguration in January, right,

when he starts writing out all the executive orders that he wants to

do day one, like his first 100 days, for example. So this

is going to be absolutely massive for Bitcoin. What are the numbers of

this? I've heard numbers that if the strategic reserve comes

to play, Bitcoin could jump up as far as anywhere between

$500,000 to $1 million. It's that big. They already want

to buy for their strategic reserves, like how much Bitcoin? They

want to buy 200,000 Bitcoin each

year for the first five years. So ultimately get to 1 million Bitcoin.

Now keep in mind, there's only 21 million Bitcoin that

will ever been mined in itself. And some say

that somewhere between 4 and 5 million Bitcoin are actually lost.

So that reduces the supply even further, not

now counting all the institutional adoption, right? Think

about this, though. When countries and places like

BlackRock, et cetera, continue to buy up Bitcoin, there's really

no incentive for them to sell. So people often worry about people

selling the Bitcoin, the market crashes. If they were to sell Bitcoin,

then the other Bitcoin that they hold would also crash in value.

So it would be no incentive to even sell. So that's why it's so,

so scarce because I don't see any nation state, any

government, any financial institution, and probably much

like companies like MicroStrategy who hold hundreds

of thousands of Bitcoin. They're probably not going to sell. So therefore, it would only be

retail investors that may sell at a price. Retail investors

meaning people like you and me. So guys, Trump's impact on

the crypto industry is going to be absolutely massive.

But just keep this in mind. Trump and USA are

not going to be the first people to have adopted a Bitcoin

strategy. In fact, places like El Salvador under

President Bukele, he has already got somewhere in the vicinity

of about $5 billion worth of Bitcoin. and

they've been buying up Bitcoin for a number of years. They even have Bitcoin as part

of their, as a currency within El Salvador. They buy one

Bitcoin a day. They also use volcano energy

to mine Bitcoin. So this country is taking over

the world as far as monetary policy with Bitcoin. They're

pioneering the industry. There's other countries as well that

are also stacking Bitcoin. Think about this. Just because America

might become the powerhouse of Bitcoin with all

of the Trump policies, USA still doesn't

own Bitcoin. Because Bitcoin is decentralized, meaning

no country, no person, No agency

can ever own Bitcoin. So therefore, owning

Bitcoin puts the power in your hands, right?

You won't have a case like what happened in Canada during the

last COVID lockdowns where truckers were protesting against

the lockdowns. And what the Canadian government did is they

went in and they froze bank accounts. Now, if they held Bitcoin,

Canada can't come in and freeze your Bitcoin because they don't control

the Bitcoin like they do with the banking system within their country. So

that's why a lot of people say that Bitcoin is also freedom money.

The power is with you. No nation state can

stop Bitcoin. So now that we've spoken about Trump and

his administration and the proposals that he's bringing into

the crypto space, what is happening in Australia and

how does that affect the world? Well, I can tell you right now that there's

countries already that are now on a race to

buy as much Bitcoin as they possibly can before

America jumps on the bandwagon. And the reason why is because

once America starts buying up Bitcoin or even announces that

they've actually implemented now the Bitcoin strategy reserve,

the price is going to go through the roof. And so these other countries would

rather just pay less for the Bitcoin than perhaps it goes to

$500,000 and they're going to have to pay more. They want to, I guess, beat America

to the punch. So that's what's happening there. I've spoken to people

within Australia. I think Australia is asleep at the wheel from

a government perspective. I don't hear any talk in Australia about

Australia creating a Bitcoin reserve. I think they

need to wake up real quick. But I guarantee, once this happens

in America, the countries that haven't woken up yet are going to sort of

raise their head and think, oh my God, we missed it. How did

this happen? We're now going to have to pay more for Bitcoin. But they'll still buy

it anyway, because Bitcoin will always go up. There is

already regulation framework within Australia to

own Bitcoin and crypto. Because if you're very new

to this, you might be thinking it's still some like wild west asset

that you shouldn't touch. But the Australian tax office has

already outlined, already has regulation and laws for

how it treats Bitcoin and crypto. As an example, Obviously,

with capital gains tax, I mentioned before, perhaps it's an income.

So if you're a trader, for example, you're trading Bitcoin day to

day, or cryptocurrencies, that will actually come down to

income, so you can have it taxed as income as opposed to paying capital gain

tax on those increases. So there is already regulation and

framework in place for you as an investor in Australia.

But I just think from an Australian government and even state

government level, they haven't gotten onto the Bitcoin

reserve. But I certainly hope that if Trump brings in

no taxes on Bitcoin and cryptocurrency, I

hope Australia follows too. All right, guys, that's it for this episode. Hope

you've learned a little bit about the impacts of government regulation

and laws within the crypto industry and how it may or may not affect you.

Exciting times ahead. Take care. Thanks for tuning in to Crypto Collective.

If you've enjoyed this episode, the best way to show your support is to leave

a five-star review on Apple Podcast or Spotify and

make sure to subscribe to the YouTube channel so you don't miss an episode. You

can also find more of me at I'm Matthew