BREAKING-LEAK:Identities+emails of rich hiding cash offshore $32trillion's worth - page 4.

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: ?? on ??

Quote from: Endgame on April 04, 2013, 06:57:24 AM

The implications of this will be enormous. First Cypress and now British Virgin Isles. It seems tax havens are no longer a safe place to store money.

Cannot agree with you more. Anyone knows any place where offshore deposits could run to?

Belize. If someone smart and connected in Belize is paying attention offer Bitcoin broker services for your offshore clients. Belize becomes the "Bitcoin HongKong". BTW if you live in the US and are looking for somewhere to retire hard to beat no income taxes on foreign earned income, asset protection, US dollar is defacto currency, English speaking, and awesome beaches. Plus a (relatively) short flight to Florida if you need to return to the states (say for advanced medical procedure).

mobodick

hero member

Activity: 840

Merit: 1000

Quote from: Wekkel on April 04, 2013, 11:58:23 AM

All gearing up for the great reset. Imagine BTC and gold going bidless.....

LOL
Who's going to serve you internet when the great reset comes?

Wekkel

legendary

Activity: 3108

Merit: 1531

yes

All gearing up for the great reset. Imagine BTC and gold going bidless.....

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: Mark Oates on April 04, 2013, 09:22:42 AM

Hoard ALL the usb drives!!!

... but you forgot that 5.25 in floppy disk with a backup of wallet.dat Wink

Mark Oates

full member

Activity: 168

Merit: 100

Hoard ALL the usb drives!!!

Piper67

legendary

Activity: 1106

Merit: 1001

Quote from: usagi on April 04, 2013, 09:05:42 AM

Quote from: Gordonium on April 04, 2013, 05:23:39 AM

In the future, you can carry 32 trillion in Bitcoins like this.

No, the blockchain is already larger than 4gb. Embarrassed

Hmmm... really? I mean, someone with your post count has to know this is a wrong statement.

genuise

sr. member

Activity: 379

Merit: 250

Why they do this above all? Who is behind this initiative? Who financed this unprecedented penetration into the world of private assets?

How can we build new world without breaking the essence of what we want to build?

benjamindees

legendary

Activity: 1330

Merit: 1000

We should have a contest to create an e-mail to send all of them as a pitch for Bitcoins.

My vote goes to "DEAR SIR, MY NAME IS PRINCE G. ANDRESEN. I AM WRITING ON BEHALF OF THE FINANCE MINISTRY OF BITCOINTOPIA."

usagi

vip

Activity: 812

Merit: 1000

13

Quote from: Gordonium on April 04, 2013, 05:23:39 AM

In the future, you can carry 32 trillion in Bitcoins like this.

No, the blockchain is already larger than 4gb. Embarrassed

Zangelbert Bingledack

legendary

Activity: 1036

Merit: 1000

Perfect storm, indeed. The way things are going you'd almost think we have a mole in the ranks of the elite.

When you think about it, if you were a Rothschild, you may be fabulously wealthy but you still get sick and die, among other unavoidable inconveniences. Bitcoin has the possibility of doing things that even insane wealth cannot: it could make the world so efficient that technology and commercialization and safety standards can all improve to groundbreaking degrees.

mobodick

hero member

Activity: 840

Merit: 1000

Quote from: oakpacific on April 04, 2013, 07:37:19 AM

Quote from: ehoffman on April 04, 2013, 06:50:02 AM

Quote from: b!z on April 04, 2013, 06:02:37 AM

Quote from: Gordonium on April 04, 2013, 05:23:39 AM

In the future, you can carry 32 trillion in Bitcoins like this.

Lost USB drive = lost 32 trillion USD

That's why you should make several offline backups, and keep them at at least 2 or more geographical locations (house, job, in the cloud, friend's house, etc.) and not just on you/in your house (in case of disaster, you don't want to lose all your copies!). Of course, double-encrypt them

It's many times easier/cheaper to secure them, when compared with gold/fiats. One diligent guy can achieve nearly perfect security.

But if security DOES get broken the consequences can be far far greater.
How many dollars worth of bitcoins can be carried away on a USB stick compared to gold?

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: ehoffman on April 04, 2013, 06:50:02 AM

Quote from: b!z on April 04, 2013, 06:02:37 AM

Quote from: Gordonium on April 04, 2013, 05:23:39 AM

In the future, you can carry 32 trillion in Bitcoins like this.

Lost USB drive = lost 32 trillion USD

That's why you should make several offline backups, and keep them at at least 2 or more geographical locations (house, job, in the cloud, friend's house, etc.) and not just on you/in your house (in case of disaster, you don't want to lose all your copies!). Of course, double-encrypt them

It's many times easier/cheaper to secure them, when compared with gold/fiats. One diligent guy can achieve nearly perfect security.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: Le Happy Merchant on April 04, 2013, 04:00:04 AM

This is bigger than Bitcoin.

I expect this to have a positive effect on the price, but I hate to think that Bitcoin will gain a reputation as the way the rich hide how rich they are.

Also: holy shit 32 trillion with a T?!? What the fuck.

Its nice to see that someone understands the difference between a b and a t. most people, whether it be a billion or a trillion only read it as "really big number"

BTC Books

member

Activity: 84

Merit: 10

Quote from: n8rwJeTt8TrrLKPa55eU on April 04, 2013, 07:18:34 AM

Loving the newsflow of the past couple of weeks.

Perfect storm keeps on developing. Hurricanes a'plenty.

And Bitcoin has a monopoly in the bunker business.

It does. We are pleased.

n8rwJeTt8TrrLKPa55eU

hero member

Activity: 588

Merit: 500

Loving the newsflow of the past couple of weeks.

Perfect storm keeps on developing. Hurricanes a'plenty.

And Bitcoin has a monopoly in the bunker business.

BTC Books

member

Activity: 84

Merit: 10

Quote from: ?? on ??

Quote from: Endgame on April 04, 2013, 06:57:24 AM

The implications of this will be enormous. First Cypress and now British Virgin Isles. It seems tax havens are no longer a safe place to store money.

Cannot agree with you more. Anyone knows any place where offshore deposits could run to?

Nope, there's nothing left.

When I was a little boy you could carry a suitcase full of cash onto a plane (and declare it without penalty or risk!), go to Switzerland, walk into a few of the banks there, and deposit your cash in an account with just a number. No name, no nothing.

Bearer bonds don't exist any more - or at least the old ones that are still around can't be redeemed for face. Collectibles require a lifetime of dedication (note my user name... Wink

) that very few are willing to undertake any more. Asset smugglers take damn near as much as taxes, for guaranteed delivery...

This is it, Vladimir. Bitcoin is the last man standing.

mobodick

hero member

Activity: 840

Merit: 1000

Quote from: ?? on ??

Quote from: Endgame on April 04, 2013, 06:57:24 AM

The implications of this will be enormous. First Cypress and now British Virgin Isles. It seems tax havens are no longer a safe place to store money.

Cannot agree with you more. Anyone knows any place where offshore deposits could run to?

As far as i know there are plenty of tax paradises. Not all of them are tropical islands. There are many constructions and they change dynamiclly depending on the given superset of transnational laws.

mobodick

hero member

Activity: 840

Merit: 1000

Quote from: Endgame on April 04, 2013, 06:57:24 AM

The implications of this will be enormous. First Cypress and now British Virgin Isles. It seems tax havens are no longer a safe place to store money.

That's good because we will finaly get some tax moneys back.

Endgame

sr. member

Activity: 412

Merit: 250

The implications of this will be enormous. First Cypress and now British Virgin Isles. It seems tax havens are no longer a safe place to store money.

Piper67

legendary

Activity: 1106

Merit: 1001

Quote from: b!z on April 04, 2013, 06:02:37 AM

Quote from: Gordonium on April 04, 2013, 05:23:39 AM

In the future, you can carry 32 trillion in Bitcoins like this.

Lost USB drive = lost 32 trillion USD

Rubbish, of course. Lost USB drive, go to bank, open safe deposit box, pull out paper wallet, restore, hello 32 trillion nice seeing you again. Gold and cash cannot be backed up, Bitcoin can.

Topic: BREAKING-LEAK:Identities+emails of rich hiding cash offshore $32trillion's worth - page 4. (Read 15114 times)