Recent submissions

Comment · 2 years ago
Sweden has an exit tax rule where they will continue to tax any capital gains worldwide for 10 years after non-residency.
Comment · 7 years ago
Comment · 9 years ago
Crytocurrencies like Bitcoin and Ethereum are legitimate stores of value and have been compared to the use of other finite stores of value such as precious metals.

The market capitalization of gold currently stands at 7.5 trillion USD. All cryptocurrencies combined currently stand at a market capitalization of 87.6 billion USD (1.14% of the market capitalization of gold).

Cryptocurrencies with a finite supply can supplant other finite stores of value and actually provide a number of benefits over existing finite stores of value (instant exchange to sterling currencies, improved transactional ability, traceability and general liquidity). It is likely we are just getting started.

Calling any legitimate store of value a Ponzi scheme is missing the point.

Comment · 10 years ago

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