Today, Thursday, the Supreme Court of Denmark issued an important decision regarding the profits of the digital currency Bitcoin, as the Supreme Court confirmed that the profits gained from the sale of Bitcoin are subject to tax, and this decision sets a precedent with regard to Bitcoin investments within the country.
The Danish court explained that the rulings that found investment in the Bitcoin cryptocurrency to be speculative, support the decisions of the lower courts, and that the digital currency Bitcoin is generally acquired only for the purpose of selling it, and to a limited extent, for use as a means of payment, and then subject to tax.
It is worth noting that the famous American businessman, investor, and author, Robert Kiyosaki, predicted, through a tweet on his official Twitter account, that the markets are preparing for a strong correction, and this in turn will lead to another massive printing of paper currencies by the US Federal Reserve during the coming period.
Kiyosaki added that people should own Bitcoin, gold and silver amid this potential turmoil in the markets, and this in turn will push the price of Bitcoin to rise near the $500,000 level within three years from now, and an ounce of gold may rise to $5,000, and silver may rise to 500. dollar.