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The 36% trap: how the new dutch tax on bitcoin turns paper profits into real ruin. mp michel hoogeveen's mathematical proof that taxing unrealized gains can wipe out 28% of your portfolio—leaving you poorer than when you started.

The 36% Trap: How the New Dutch Tax on Bitcoin Turns Paper Profits into Real Ruin. MP Michel Hoogeveen’s mathematical proof that taxing unrealized gains can wipe out 28% of your portfolio—leaving you poorer than when you started.

The 36% Trap: How the New Dutch Tax on Bitcoin Turns Paper Profits into Real Ruin. MP Michel Hoogeveen’s mathematical proof that taxing unrealized gains can wipe out 28% of your portfolio—leaving you poorer than when you started.

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February 15, 2026
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