Recent content by Rotor

Yes Credit Suisse was very solid financially... And UBS bitching about capital requirements is surely a sign of strong financial solidity too... https://www.reuters.com/business/finance/ubs-says-seriously-concerned-about-new-capital-requirements-talk-2024-04-24/

There was a good essay of Arthur Hayes, ex CEO of Bitmex exchange, on why a liquidity air pocket could be expected in April. A bit long and technical but worth a read: https://cryptohayes.substack.com/p/heatwave?utm_source=profile&utm_medium=reader2

Any reasons for Dubai and not some tax free Caribbean islands? From the outside it does look like Canada is going bonkers. Exiting while it's still possible would be a good idea.

I don't get it either and it has always bothered me. A nationwide CBDC rollout test with a Bitcoin pretext?

Enquire about BVI.

Yes for sure some would really enjoy to see them fail . Being the first mover in this case is not really an advantage, you make all the mistakes and take all the beatings that those coming after you will make sure to avoid.

And the amateurish awards of the year goes to: https://insidebitcoins.com/news/security-breach-hits-el-salvadors-official-bitcoin-wallet-chivo-under-threat

The change to the non-dom program seems quite short notice I find for a status hundred's of years old. And when I see Canada that just raised its capital gains tax with just a few months notice, I'm starting to seriously wonder if all these countries do care anymore about appearances and pretenses.

Even if you have a 2nd citizenship, you would still have to renounce your UK one. And in this scenario they would probably make the procedure extremely difficult going as far maybe as imposing some sort of exit citizenship tax.

And I also forgot the part where El Salvador did let its entire population get doxxed via the incentivized registration to the custodial Bitcoin Chivo wallet, or how to do crypto completely wrong...: https://atlas21.com/hacker-publishes-data-of-almost-the-entire-population-of-el-salvador/

The only logical explanation is that they are leasing their gold and earn revenues for that. Back to the usual shenanigans with multiple claims on the same gold bars.

We won't come to an agreement on that so let's talk about facts instead. So El Salvador in a couple of months went from selling citizenships for 1 million US dollars to give them away for free like hot potatoes. El Salvador zealots tout on social medias how great the country is doing while in...

Why would you want to move to a dictatorship anyway? Oh right I forgot it's run by a benevolent dictator, such a clear cut concept: https://philosophyterms.com/paradox-of-the-benevolent-dictator/

Because the current institutions are becoming more and more irrelevant every day and must be entirely rethought from the ground up. But most don't seem to want to let go of the past and cling to the hope that miraculously things will turn around. That's why there's probably still a long way to...

Exactly. Being bearish crypto is basically being bullish on fiat, governments and their captive banking system despite the fact that they have been acting like drunken sailors for decades.