# Future of Bitcoin
**URL:** https://forum.mustachianpost.com/t/future-of-bitcoin/3750
**Category:** Investing / Cryptocurrencies
**Created:** [April 26, 2020, 10:18am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750 "2020-04-26T10:18:47Z")
**Posts on this page:** 20
**Page:** 98
### Author:  [@Baracus](https://forum.mustachianpost.com/u/Baracus)
#### Post date: [March 22, 2024, 6:46pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2080 "2024-03-22T18:46:25Z")
IBIT can now be bought on VIAC:
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### Author:  [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [March 22, 2024, 6:49pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2081 "2024-03-22T18:49:52Z")
just 5%… well it will outperform everything else. so going to change to max possible.
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### Author:  [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [March 22, 2024, 6:57pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2082 "2024-03-22T18:57:25Z")
happy days
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### Author:  [@Burningstone](https://forum.mustachianpost.com/u/Burningstone)
#### Post date: [March 22, 2024, 6:59pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2083 "2024-03-22T18:59:54Z")
I want to bring up the point again, why invest in Bitcoin in your 3rd pillar? A vehicle where you have to pay capital gains tax on withdrawal vs. outside of 3a where you only pay wealth tax on it. It makes no sense.
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### Author:  [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [March 22, 2024, 7:06pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2084 "2024-03-22T19:06:09Z")
right. I’m already in… so don’t care that much
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### Author:  [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [March 22, 2024, 7:12pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2085 "2024-03-22T19:12:35Z")
btw. now I can pay less taxes and buy more bitcoin. In 15yrs+ when retiring I will probably don’t care as btc will be at 10m+
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### Author:  [@covfefe](https://forum.mustachianpost.com/u/covfefe)
#### Post date: [March 22, 2024, 7:22pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2086 "2024-03-22T19:22:10Z")
What you wrote is rational, and anyone really considering bitcoin should buy it outside pillar 3. The 5% limit in VIAC/ finpension is more like spicing up the long term equity portfolio than really making a material bet on biotcoin.
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### Author:  [@Burningstone](https://forum.mustachianpost.com/u/Burningstone)
#### Post date: [March 22, 2024, 7:27pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2087 "2024-03-22T19:27:28Z")
Oh come on, what do you save on taxes with the CHF 350 Bitcoin contribution to your third pillar, maybe 30 bucks a year? The tax you pay on withdrawal for the capital gains of your Bitcoin that will be at 10m+ at that point will be waaay higher.
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### Author:  [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [March 22, 2024, 7:36pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2088 "2024-03-22T19:36:51Z")
Well, not sure how they handle the 5% in viac. Is it mostly selling from IBIT to CHF to maintain the 5%? Well then…
From 26.3. my IBIT portion in VIAC of the networth will be ca. 0.8%.
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### Author:  [@Barto](https://forum.mustachianpost.com/u/Barto)
#### Post date: [March 22, 2024, 7:38pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2089 "2024-03-22T19:38:41Z")
Logically shouldn’t you stop contributing to 3rd pillar and instead put it all into BTC?
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### Author:  [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [March 22, 2024, 7:42pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2090 "2024-03-22T19:42:28Z")
well 7k is not that much… I take it for the tax savings… couple of beers and a cohiba 😅
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [March 22, 2024, 8:09pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2091 "2024-03-22T20:09:50Z")
I think for people who believe BTC will be 10 Million , any allocation less than 100% of the total investment will yield lower return.
So if max is 5%, then 5% is optimum. Isn’t it ?
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### Author:  [@Wolverine](https://forum.mustachianpost.com/u/Wolverine)
#### Post date: [March 22, 2024, 8:17pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2092 "2024-03-22T20:17:57Z")
5% is less than 100% of the amount that could be invested in BTC outside of 3a without taking advantage of the tax deduction.
Taking a 7k contribution and 30% margin tax rate as an example (numbers chosen to make the calculation simple):
- 7k being invested in 3a means a tax saving of roughly 2.1k, so 2.1k are invested in BTC outside of 3a and 5% of 7k are invested in 3a (500.-) for a 2.6k total.
- 7k being invested in BTC outside of 3a means 7k are invested in BTC.
Wealth tax, withdrawal tax and fees should be taken into account but you can buy more BTC by not investing into 3a than by doing it.
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### Author:  [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [March 22, 2024, 8:23pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2093 "2024-03-22T20:23:18Z")
correct. but…
95% CHF / 5% BTC \>\>\>\> 100% CHF on VIAC
so for me is a non brainer to convert. 7k every year into 3a is optional…
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [March 22, 2024, 8:24pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2094 "2024-03-22T20:24:30Z")
I see . So you are saying to ditch 3a all together. Now I understand
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### Author:  [@Wolverine](https://forum.mustachianpost.com/u/Wolverine)
#### Post date: [March 22, 2024, 8:28pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2095 "2024-03-22T20:28:21Z")
Well, what I would actually say is don’t go 100% BTC and if you must put your money in it, do so reasonably with amounts you can afford to loose (and, as @Burningstone has pointed out, do so outside of 3a) but yes, if your goal is to maximize the amount of BTC you hold, then doing it outside of 3a makes more sense.
Of course and as @stojano points out, the money already in 3a is mostly stuck there so converting 5% of it into IBIT allows for the holding of more BTC related instruments than not taking whatever percentage can be taken.
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [March 22, 2024, 8:33pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2096 "2024-03-22T20:33:21Z")
Personally I won’t go more than 1% bitcoin based on overall allocation. Reason being I don’t really understand its valuation.
I was mainly trying to go with the discussion based on 10m BTC assumption.
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [March 22, 2024, 8:37pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2097 "2024-03-22T20:37:30Z")
10M would be a 210T market cap, lol.
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### Author:  [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [March 22, 2024, 8:41pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2098 "2024-03-22T20:41:01Z")
well, it’s against USD… so nothing to laugh here 😂
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [March 22, 2024, 8:41pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/2099 "2024-03-22T20:41:39Z")
Haha 210T what? 210T USD ?
Because one of the theory is that USD or any other Fiat currency is worthless and hence 210T USD might mean 0.
So it needs to be 210T X where X is also something of stable value.
X cannot be Gold as BTC is replacing Gold.
what is X ?
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