Dear Government Leaders,
In an era where the technology revolution is comprehensively changing the global economy, Vietnam stands before a rare opportunity to become a leading beacon in the digital finance sector. A bold yet promising policy – tax and transaction fee exemptions for Bitcoin – could be the key to ushering the country into a new era of prosperity.
Bitcoin is not just a simple financial tool; it is a symbol of a decentralized economy, where assets are not bound by borders or controlled by any power. Currently, countries around the world are quietly but fiercely accumulating Bitcoin as a kind of 'digital gold' of the era. Vietnam – a country with a young, dynamic, and highly potential population – can completely leverage this trend to break through and become the country with the largest amount of Bitcoin, thereby building a strong, independent digital economy.
Why Is the Tax Exemption Policy for Bitcoin Important?
We need a breakthrough policy to create momentum:
1. Attract domestic capital flows: With tax and transaction fee exemptions, people will have the opportunity to accumulate digital assets without financial barriers, creating investment incentives.
2. Attract international investment: Vietnam can become a major digital asset trading center in the region, attracting fintech enterprises and foreign investors.
3. Strengthening national assets: If the people and the government accumulate Bitcoin starting today, the value of this asset will increase significantly over time, providing enormous financial resources for the country.
Lessons from Other Countries
El Salvador is an example. Although it is a small country, they have boldly made Bitcoin legal tender. This policy not only attracted global attention but also brought in investment capital and superior development opportunities. Vietnam, with a larger population and a rapidly developing economy, can do much better if we dare to lead.
Long-Term Vision: A Prosperous Vietnam
Imagine this: If 10% of the Vietnamese population owns Bitcoin, our country will have a colossal amount of digital assets. In the future, when Bitcoin becomes an indispensable asset in the global financial system, Vietnam will not only be a player but also a leader. This will help us:
• Reducing dependence on foreign currency: Bitcoin can serve as a source of strategic reserve assets, helping Vietnam reduce reliance on USD or EUR.
• Promoting technology and startups: Policies encouraging Bitcoin will pave the way for blockchain and fintech businesses to grow, creating millions of high-quality jobs.
• Enhancing international standing: A country with a large amount of Bitcoin is not only wealthy but also has a louder voice in global issues.
The world is changing every day, and those countries that seize opportunities the earliest will be the ones shaping the future. Implementing tax and transaction fee exemptions for Bitcoin is not a trade-off, but an investment in the future of the nation.
We have a responsibility to leave a stronger, more independent, and wealthier Vietnam for future generations. Let’s turn this aspiration into reality by leading the country in the digital finance era.
With all trust and expectations,
A Vietnamese person who believes in the future of the country.
