The “war against bitcoin savers” has broken out, says Miss Bitcoin, Alejandra Guajardo. The Salvadoran model and businesswoman warns that Europe is promoting measures that directly impact the holding of digital assets, generating a battle for the preservation of value in the face of a fiat system in crisis.
Guajardo released a video in which he reflects on a proposed law in France to create a new tax on “unproductive wealth”. With this, they seek to tax assets, considered by them to be non-productive and include bitcoin and cryptocurrencies in that line, along with luxury yachts, jewelry, gold and unused land, in order to encourage productive investments.
This initiative is part of the Finance Bill (PLF) for 2026 and has advanced in recent weeks, but has not yet been definitively approved. At the beginning of November 2025, deputies approved an amendment that expands the tax base for the treasury.
The approval was seen as a “masked return” of the old tax on total wealth, abolished in 2018, but in a limited version. Media such as Les Échos and Le Monde They highlighted its potential impact on high net worth, estimating a high collection of several tens of millions of euros annually.
“What we are seeing now in France is a war against savings,” said Guajardo, highlighting that the fiat monetary system, dependent on debt, sees bitcoin savers as a threat.
The Salvadoran bitcoin ambassador criticized that the fiat system is only based on debt. It is based on the fact that when a bank lends money, it does not take it from a vault; creates it as an accounting entry. This new money enters circulation, but it is always associated with a debt (the loan).
“If the debt stops, there will not be enough money to cover the existing debt,” Guajardo explained, prompting governments to “wage a war against bitcoin savers.” Point out that saving in bitcoin or gold, although prudent, challenges the traditional system, as it reduces the need for more debt or monetary printing.
Against this backdrop, the Salvadoran emphasizes the need to protect wealth with bitcoin, which she already considers “the best form of money in the world.” To achieve this, it proposed two strategies: relocate to countries with greater financial freedom, such as Panama and El Salvador, or secure bitcoin holdings under its own custody.
“The beauty of Bitcoin is that you don’t need government permission to acquire it, nor bank permission to send it,” Guajardo said. Growing government desperation to keep the fiat system afloat will cause the “war on bitcoin savers to continue,” he warned.
“I am grateful to come from a place where my freedom is still intact,” Guajardo said, referring to El Salvador implicitly. She usually applauds the transformation that is taking place in the Central American country thanks to bitcoin.
The “war” Guajardo refers to is in line with a cryptocurrency tax regulation that could soon be approved in Spain. As CriptoNoticias has reported, this rule will allow the Treasury to seize bitcoin and other digital assets to debtors, which can discourage saving with bitcoin.
The measure is based on the transposition of the European DAC8 directive, which will require reporting transactions from 2026 when it would come into force, but its mandatory transposition is planned from December 31, 2025. The standard will increase surveillance and reduce user privacy.