Bitcoiners - Live From Bitcoin Beach Knut Svanholm: Why I’m Considering Moving to El Salvador After Meeting Bukele (And You Should Too!)
Dec 27, 2025
Knut Svanholm, a prominent Bitcoiner and author, shares his recent experience in El Salvador after a dinner with President Bukele. He discusses Bukele's surprising alignment with Bitcoin ideals and highlights the potential for circular Bitcoin economies. Knut critiques capital gains taxes as a punishment for those seeking sound money and shares insights on Bitcoin adoption in places like Madeira and Prague. He proposes that the path to financial freedom lies in accumulating Bitcoin and emphasizes the importance of community tools like Vexel for peer-to-peer transactions.
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Presidential Dinner Impression
- Knut describes a formal dinner at the presidential palace where phones were taken and official photos were used instead of personal pictures.
- He felt President Nayib Bukele was relaxed, witty, and genuinely aligned with Bitcoiners' values.
Taxation Penalizes Sound Money
- Knut argues capital gains taxes on Bitcoin punish people for refusing to join the inflationary system.
- He highlights governments profit both from printing money and taxing gains, extracting value on both ends.
El Salvador As The Inverse Of Clown World
- Knut calls El Salvador the 'inverse of clown world' where development and optimism are visible everywhere.
- He says infrastructure, safety, and entrepreneurial energy convinced him to seriously consider moving his family there.
