In the gray cold of Berlin, where the past weighs on every stone, the Christian Democratic Union (CDU) has remembered the taste of fortune. Not so long ago, these same men, with faces as grave as winter graves, thundered against the wild mania of cryptocurrency—dangerous “freedom,” they said, too slippery to trust, too lively for government ledgers.
Now, with the wind changed and elections safely behind them, the CDU has discovered—miraculously, in some Tuesday committee perhaps—that Bitcoin can be harnessed for the Fatherland. Yes, the very same CDU, whose members once spoke of digital coins in the trembling tones usually reserved for Soviet threats, now wishes to roll out the red carpet for crypto enterprises. “A business hub!” they declare, noses still dusted from the campaign trail, and one can almost hear the rustle of freshly printed leaflets and hastily changed manifestos.
CDU Suddenly Discovers the Blockchain: A New Dawn, or New Dawn’s Sales Pitch?
On February 23, the CDU won the elections—not a revolution, but the sort of democratic shuffle that passes for thunder in modern Germany. In an exclusive interview, the party’s spokesman donned his digital armor, promising that Germany would be sculpted into a beacon for the international crypto elite. In their own words, the CDU “expressly commits” in their Agenda 2030 to the kingdom of blockchain—a commitment as ironclad as any political promise etched in sand.
One can’t help but chuckle, remembering how, only last year, these same stewards of German order were conjuring up plans to ban crypto transactions. The winds of change in Germany, it seems, blow not from Siberia, but from the Bitcoin price chart.
„Wir wollen und wir werden den Wandel in der Welt für Deutschland mitgestalten. Der Koalitionsvertrag ist ein Aufbruchsignal und ein kraftvolles Zeichen für unser Land: Die politische Mitte unseres Landes ist in der Lage, die Probleme zu lösen, vor denen wir stehen. Die künftige…“
— Friedrich Merz (@_FriedrichMerz) April 9, 2025
Crypto Tax Breaks: A U-Turn in the Land of Bureaucracy
On April 9, the CDU, its Bavarian sibling CSU, and the SPD all donned their best ink-stained ties to sign a coalition deal. Crypto, now suddenly fashionable, was given the politest of mentions: “We will examine the regulation of crypto assets and shadow banks,” the agreement says, with all the enthusiasm of a man examining the receipt after a bad restaurant meal.
The SPD, apparently less impressed by Bitcoin’s digital glitter, had lobbied to end Germany’s long-standing crypto tax break—where investors holding Bitcoin for a year escape the grasping hands of the tax man. But, miracles do happen, and the tax break lives another day! Crypto holders wiped cold sweat from their brows, and, presumably, bought more.
CDU’s Balancing Act: Blockchain, Bureaucracy, and the German Soul
With straight backs and somber voices, CDU officials now promise openness to crypto assets, as if the previous years were only a bad dream. Blockchain technology, they say, will defeat all manner of threats: cyber-burglars, inefficiency, perhaps even bad bratwurst. Still, old fears remain behind the curtains—money laundering, terrorism, and the sort of libertarian mischief that keeps bureaucrats up at night. “Balance is our aim,” they hype, as if anyone believes politicians possess balance, much less innovation.
Meanwhile, Back in Reality…
Grand pronouncements aside, CDU chief and chancellor-in-waiting Friedrich Merz has a few ancient German headaches to tackle: the economy, migration, defense, and the perennial question of whether anyone in Berlin can get anything done before lunch. For now, crypto reigns in the headlines—and in the Bundestag coffee breaks—but reality, as ever, stalks impatiently at Germany’s door. 🙃🇩🇪💸
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2025-04-16 08:44