are we here to some kind of moral issue? i am here to not pay tax or minimise it , i not think is moral to pay taxes for govement who will waste it in corroption , arms , and prostitution.
Martin can you give us some facts?
but it is Peter Shiff right?
how can they avoid to publish any financial statements, I thought it was mandatory.
Most of their international banking partners, Perth Mint etc have all voted with their feet.
Just note the US Federal government can spend years building a case even 7 years+ collecting info on transactions etc. Then when they come for you its game over. You can only plead guilty then either get shutdown, pay a fine or go to jail.
I think Schiff wants to create something like BitGold / Goldmoney that he was invested in, which basically you have a card linked with your gold deposit and you can spend it directly .. Guy likes gold leave him alone
I'm not saying that's why he made the bank, I'm saying that's what he wants to do now ..
You say there is no reason to bank there, well the gold card thing might be one, peter has so many followers,
also his bank is full reserve,
if you think the sky is falling on you tomorrow, might be a good place to put some money .. And that's one of the reasons their fees are so high by the way
it's weird you say EPB is not scam after all scam accusations .When you see reviews and posts popup regularly about paypal, transferwise etc closing accounts "for no reason" .. and this bank / emi etc is a scam, then you read the post and there is nothing there, that means those companies are actually doing due diligence and closing up accounts that look shady ..
The reports that EPB is a "scam", always come from people with accounts closed... for no reason of course ..
You read what I wrote? - I said nothing about deposit protection.EPB will have to change its entire business model from banking shell companies, scammers and tax evaders as core business activities to trying to compete on service quality, innovation, cost, security and transparency.
You would choose an opaque shell Puerto Rico bank over Revolut Bank UAB with 100k deposit protection? You think Revolut Bank is more risky than EPB why?
An last fact:
Revolut has as "special" bank licence (and not full licence) in LT - BUT ALL accounts are NOT normal bank accounts - all accounts ONLY e-money accounts from Revolut Payments UAB
e-money means ZERO deposit protection of 100k - please spead no fake news that Revolut has a deposit protection