I've heard that financial times is the paper that bankers and stock brokers worldwide read. it's a far reaching, widely distributed, centralized, translated financial focused paper. If they are giving bitcoin its own section and diverting so many resources to digital coin then they certainly must be planning on moving forward with it. How quickly will they attempt to centralize all of it? Remember, they did not take the dollar off the gold standard all at once.
I've also always wondered how easy it would be for bitcoin holders to cash out millions of dollars worth. I looked online and there seems to be brokers and lawyers who focus their work in this specific area. Apparently there are strategies to relocate to the lowest tax regions or territories and cash out there, or spread it to multiple bank accounts, or other angles to avoid high tax assessments.
the link is to Financial Times Crypto coverage
I've heard that financial times is the paper that bankers and stock brokers worldwide read. it's a far reaching, widely distributed, centralized, translated financial focused paper. If they are giving bitcoin its own section and diverting so many resources to digital coin then they certainly must be planning on moving forward with it. How quickly will they attempt to centralize all of it? Remember, they did not take the dollar off the gold standard all at once.
I've also always wondered how easy it would be for bitcoin holders to cash out millions of dollars worth. I looked online and there seems to be brokers and lawyers who focus their work in this specific area. Apparently there are strategies to relocate to the lowest tax regions or territories and cash out there, or spread it to multiple bank accounts, or other angles to avoid high tax assessments.