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Depending on how seriously the DOJ and other federal agencies begin to see the threat of money laundering and related crimes via crypto, I wouldn’t be shocked if there were an addition to customs forms asking if someone merely owns cryptoassets at all (worth more than $10k.)
It cannot be understated how seriously governments globally take the threat of capital flight, money laundering, and financial crimes that either fund illicit activity or reduce tax revenue.
At a dinner with a ranking government official last night I learned:
1. Customs/border agents have authority to search your phone for cryptoassets, even if hosted on Coinbase or other custodian services.
2. If more than $10k is found, and you haven’t declared, you’re screwed.
Education is on the cusp of a tech revolution: AR, VR, online classes, collaborative learning.
It will take a catalyst to tip.
"Not being shot" is the catalyst that could result in empty schools within a decade.
https://t.co/83Rcwudmkx A pioneer company forging the path for free telemedicine for the world. Working products and Fortune 500 clients. Last week of presale. Whats more important than saving lives!
So while the banking regulators in India were bashing bitcoin for being "unregulated", a $2 bn fraud ring was growing under their noses. One of their biggest banks (regulated) was doing all the money laundering.
Honestly, it's almost as if money laundering is the job of banks
20 HABITS OF EVENTUAL MILLIONAIRES: https://t.co/ZfAnQK1Uhl
There's not a single college course with this. I need advice: do you think I should write a book about these? All based on my experience and the experiences of people I know.
Q for @tailopez - Do you recommend investing a portion of your portfolio eg. $200 a month into Berkshire Hathway as a Substitute for a S&P500 Index fund. Berkshire is a diversified company which holds numerous stock as you know. The main objective is compound interest. Thoughts?
Q for @TonyRobbins Do you recommend investing a portion of your portfolio eg. $200 a month into Berkshire Hathway as a Substitute for a S&P500 Index fund. Berkshire is a diversified company which holds numerous stock as you know. The main objective is compound interest thoughts?
Q for @RayDalio - Do you recommend investing a portion of your portfolio eg. $200 a month into Berkshire Hathway as a Substitute for a S&P500 Index fund. Berkshire is a diversified company which holds numerous stock as you know. The main objective is compound interest. Thoughts?
Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time. Don't put in more money than you can afford to lose. If you're trying to figure out where to store your life savings, traditional assets are still your safest bet.
People don’t understand that the real power of the blockchain is NOT just cryptocurrency. Basically everything bad in history (dictators, famine, war) come from centralized power. The Blockchain can be the final revolution to fix human society by decentralizing who’s in charge.