Germany’s Election: What It Means for Bitcoin and the Super-Rich

📅 February 6, 2025 | By Tom Sims

As Germany prepares to elect a new parliament on February 23, the financial world is watching closely. The outcome could significantly impact Europe’s largest economy, influencing everything from Bitcoin regulation to taxation on the super-rich.

So, what do the leading parties have planned for finance? Let’s break it down.

CDU/CSU (Conservatives) – The Front-Runners

📌 Chancellor Candidate: Friedrich Merz

Leading in the polls, the Christian Democrats (CDU) and Christian Social Union (CSU) want to make Germany Europe’s financial powerhouse, competing with London and Paris.
They support venture capital and start-ups, offering tax incentives to encourage investment.
They propose a customs police force to combat money laundering and financial crime.
They advocate for a digital euro, but only if it provides “added value.”
They want to lower inheritance and home purchase taxes while opposing a wealth tax.

Impact on Bitcoin & Crypto: ✅ Neutral stance – No major changes expected.

AfD (Far-Right) – Radical Changes in Finance

📌 Chancellor Candidate: Alice Weidel

The Alternative for Germany (AfD) is in second place but is rejected by mainstream parties, making their policies unlikely to be implemented.
They propose Germany leaving the euro and bringing back the Deutsche Mark, backed by gold reserves.
They want Bitcoin, wallets, and trading to be fully deregulated, breaking away from cautious European regulations.
They oppose the digital euro and demand that cash be enshrined as a civil liberty.
They also call for the abolition of inheritance and wealth taxes.

Impact on Bitcoin & Crypto: 🚀 Extremely positive – Pro-Bitcoin and deregulation.

SPD (Social Democrats) – Taxing the Super-Rich

📌 Chancellor Candidate: Olaf Scholz

Currently in third place, the SPD has a long history in coalition governments.
They want to introduce a financial transaction tax, similar to some European nations.
They propose higher taxes on multi-millionaires and billionaires, aligning with the G20 wealth taxation goals.
They want to reintroduce the wealth tax and increase inheritance taxes on large estates.

Impact on Bitcoin & Crypto: ❌ Negative – Increased taxation on financial markets.

Greens – Cracking Down on Crypto Crimes

📌 Chancellor Candidate: Robert Habeck

Like the SPD, the Greens support higher taxes on the super-rich.
They propose a global billionaire tax and stricter inheritance tax regulations.
They want a national crypto-crime unit to help authorities fight financial fraud using cryptocurrencies.
They support sustainable finance, pushing for environmental criteria in government investments.

Impact on Bitcoin & Crypto: 🔴 Likely negative – More oversight and regulation.

Final Thoughts: What’s at Stake?

The election could shape the future of finance, taxation, and cryptocurrency in Germany.

✅ If the AfD had a real shot at power, Bitcoin traders would celebrate.
❌ If the SPD or Greens gain influence, the ultra-rich and financial markets might face higher taxes and tougher crypto regulations.
⚖️ If CDU/CSU wins, expect a balanced approach—support for finance and startups but no radical changes.

With February 23 fast approaching, global investors, crypto enthusiasts, and Germany’s wealthiest are keeping a close eye on the results.

🚀 What do you think? Will Germany embrace Bitcoin, or will the rich be taxed harder? Let’s discuss in the comments!

Germany’s Election: What It Means for Bitcoin and the Super-Rich